The 50 biggest sharia fund managers
AsianInvestor presents its annual list of managers of Islamic funds. Their overall AUM fell 12.2% last year, but alternatives were a bright spot. More analysis of the data is to come.
Sharia-compliant investing has been steadily on the rise in recent years but suffered a setback in 2015, according to AsianInvestor’s list of the 50 biggest Islamic asset managers in this segment (see tables below*).
This came amid a tricky investment environment last year, most notably the flight from emerging-market assets, with global managers seeing outflows in Asia, for instance. Moreover, the oil price collapse over the past 18 months or so has had a particularly big imp…
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