CIMB unit eyes US$100mil from Dublin funds

CIMB-Principal Islamic Asset Management Sdn Bhd (CPIAM) is targeting about US$100mil in sales for its Dublin domiciled collective investment in transferable securities (UCITS) III umbrella syariah funds by the end of next year.
These funds will act as a gateway for the company to launch more funds worldwide.
The three funds are Islamic Global Emerging Markets Fund, Islamic Asia Pacific ex-Japan Fund and Islamic Asean Equity Fund.

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