Schroders rolls out sharia-compliant fund in first quant team launch
Schroders has launched a sharia-compliant fund investing in global stocks through a multi-factor based approach, Wealth Manager can reveal. The Islamic Global Equity fund will the first sharia-compliant strategy to be managed by the Schroders Systematic Investments team, headed by Ashley Lester. It will seek to outperform the Dow Jones…
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