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The dollar denominated fund, which is Shariah-compliant, is open-ended and invests in a diversified portfolio of Sukuk (debt) issued by companies and governments.
Emirates NBD said the primary investment objective of the fund is to “achieve high income as well as capital growth”. The company added that the product is suitable for investors with a medium to long term investment horizon and should be viewed as a “medium risk product”.
Brain, who previously led Newton’s fixed income team, retires after 40 years as an investment manager
Conservative MP Bob Blackman continues as co-chair, joined by Labour’s Sam Rushworth
The 11 new impact portfolios ‘seek to generate positive, measurable, and sustainable social and environmental change, alongside a financial return’
Will the Federal Reserve and Bank of England agree to more interest rate cuts when they meet again this week?
This month, Ned Naylor-Leyland of Jupiter and Orbis Investments’ Alec Cutler go head to head on gold exposure
Richard Oldfield steps into CEO role
