Baillie Gifford has launched its actively managed Islamic Global Equities Fund following “strong” demand from advisers and investors.
Managed by Baillie Gifford investment managers Tolibjon Tursunov and Saad Malik, the fund offers Muslim investors access to a high conviction portfolio of growth companies aligned with Sharia principals. The Dublin-domiciled UCITS fund was first available on Hargreaves Lansdown, and is now also available on Aegon, Interactive Investor, BNY Pershing, Aviva, 7IM and Euroclear. Additionally, the fund is expected to be added to AJ Bell once it sees client demand. It invests in around 50 of the world's Sharia-compliant growth companies and aims to outperform the MSCI ACWI Islamic Index by ...
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