India's largest asset management company is set to launch two Islamic funds in Malaysia by July and roll out products for retail investors in two years.
A company report said Tuesday that Reliance Capital Asset Management is launching a fund investing in Indian stocks next week and a quantitative global equity fund investing in the U.S., Europe and Asia in July.
"The long-term objective is to target the retail sharia market in the region," said Vikrant Gugnani, Reliance Capital's international businesses CEO.
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