JP Morgan Asset Management's new sub-advisory partnership with Indonesian fund firm Mandiri Investasi may herald more such deals, amid growing local demand for global assets.
Last year saw a decline in Islamic assets under management globally, but some firms heavily bucked the trend both on the downside and upside, according to AsianInvestor research.
Islamic assets managed in the Middle East shrank overall last year, but sharia alternative investments were a bright spot, finds AsianInvestor research ranking firms by AUM.
Islamic assets under management in Southeast Asia have shrunk, but less sharply than the global trend, according to AsianInvestor research. What's in store for this segment?
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.
The country's funds industry expanded amid tricky conditions last year, by Securities Commission figures, but investors are told to brace for lower returns in 2016.