DEKA entered the Tokyo market well ahead of the other German open-ended funds
, acquiring an office asset in Shibuya during 2002.
The main objective of the open-ended fund
is to achieve long-term capital appreciation through a diversified portfolio, principally of equity and equity-related investments in companies listed on the Gulf Co-operation Council (GCC) stock markets.
The open-ended fund
plans to invest in publicly traded stocks of companies that meet strict Sharia law criteria.
The Daman Second Emirates Fund, a UAE-registered open-ended fund
focussed on the UAE equities markets, recorded an annualised dividend yield of 3.39 per cent for 2008.
In reality, a suspension can happen to any open-ended fund
, but the risk is greater when managers are invested in hard-to-sell illiquid holdings, such as property or unlisted stocks.
The Financial Services & the Treasury Bureau today launched a three-month public consultation on introducing a new open-ended fund
company structure to expand Hong Kong's legal structure for investment-fund vehicles.
"The open-ended fund
, which offers daily dealing, has raised more than E100 million in commitments.
Al-Rajhi Capital, an investment banking subsidiary of Al-Rajhi Bank, has announced that it has launched an open-ended fund
This represents the first investment made by Jones Lang Wootton and Weil Realty Advisors of Boston for the IREF, an open-ended fund
sponsored by a major offshore bank.
Although the Board is largely considering managers offering core open-ended fund
strategies for European and Asia Pacific real estate, it will also consider managers offering higher risk/return, closed-ended, strategies such as value-add and opportunistic fund strategies for part of its allocation in these two regions.
HSBC Mutual Fund (LSE: HSBA) in India is set to launch an open-ended fund
The open-ended fund
, Bank Audi Money Market Fund, is a no-load fund with no subscription or redemption charges.