Nomura Asset Management Malaysia Sdn Bhd announced on June 28 that the company was aiming to achieve RM50 million in assets under management (AUM) for its inaugural Global Shariah Sustainable Equity Fund. Managing director and country head Leslie Yap stated that this new addition would improve local investor access and cater to the growing demand for impact investing. With a minimum initial investment of RM1,000 and US$1,000, Nomura claims that this would enable investors to easily access Shariah-related equities in developed markets, especially in the US and Europe.

Source: The Edge