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Dual mandate in Malaysia

Article Abstract:

Malaysian Islamic mutual funds are not permitted by Islamic syariah laws to invest in gaming or financial companies. Normally this law makes it challenging for investors to find smart investments, but last year's drop in technology sector stocks, though harmful for many, did not affect the Islamic funds as badly as other funds. An accompanying table lists the percentage performance of the mutual funds for six months, one year and three years.

Author: Richardson, Karen
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
Malaysia, Securities prices, Statistical Data Included, Economic aspects

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Getting engaged to China

Article Abstract:

Invesco, in partnership with Penghua Fund Management, is developing the mutual fund industry in China as the country awaits membership to the World Trade Organization. Challenges include cultural differences, a history of scandals in China's mutual funds, and company cost controls.

Author: Richardson, Karen
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
United States, INVESCO International Growth Fund

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Funds search out China experts as investor interest rises

Article Abstract:

In China, the only shares foreigners can purchase are Class B shares, made up of 113 companies, of which little is known. Investors see China as a long-term investment, but stress that it s a developing market and not high risk.

Author: Richardson, Karen
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001

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Subjects list: Management, Mutual funds, Mutual fund industry, China
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