ERISA generally requires that plan fiduciaries act prudently in selecting and monitoring all investment funds
included as plan investment options.
In addition, a number of major investment funds
from the Middle East and Asia, including the Saudi Public Investment Fund
, the Russia-China Investment Fund
(RCIF), the Russian Direct Investment Fund
(RDIF), the Russia-Japan Investment Fund
(RJIF), have acquired a stake in Sovcombank -- another positive sign for the Awards experts.
Summary: 95 foreign investment funds
were from Luxembourg, 35 from Ireland and 17 from India
9 (BNA): As part of the endeavours of Bahrain Bourse (BHB) and Bahrain Clear to strengthen links with international investment funds
, a Corporate Access Day was conducted in Dubai on 27th& 28th February 2019, with successful participation from leading international investment funds& global custodians.
Summary: Positioning Cyprus Investment Funds
on the world map and bridging the EU and MENA for the domiciliation and management of investment funds
operating in Cyprus reached 142 in the third quarter of 2018, marking a new all-time high, according to data released by the Central Bank.
SOFIA (Bulgaria), August 21 (SeeNews) - The assets of resident investment funds
in Bulgaria increased by an annual 17.6% to 1.37 billion levs ($805.8 million/700.5 million euro) at the end of June, the Bulgarian National Bank (BNB) said on Tuesday.
The Capital Market Authority (CMA) has issued detailed regulations for the creation of real estate investment funds
in the sultanate.
TOTAL foreign investment in Cyprus increased by a record 9.1 per cent in 2016 while the assets of Cyprus-based investment funds
increased by 83 per cent, the outgoing president of the Cyprus Investment Promotion Agency (CIPA), Christodoulos Angastiniotis told the organisation's AGM on Wednesday evening.
The Directive on Alternative Investment Fund
Managers (AIFMD) provides a harmonized European framework for regulating alternative investment funds
and their managers.
Rashad said the association is waiting the Egyptian Financial Supervisory Authority (EFSA) to issue the basic model of charitable investment funds
to draw up trading controls and to transfer ownership of documents outside the stock exchange to begin establishing the fund.