Showing posts with label ibtimes. Show all posts
Showing posts with label ibtimes. Show all posts

Thursday, February 23, 2012

AUSTRALIA - FINANCE - Crescent Wealth Partners with top US based Islamic fund manager Saturna Capital

au.ibtimes.com - Crescent Wealth, Australia's first Islamic wealth manager, announced on Thursday that it has entered into an agreement with Saturna Sdn Bhd (a wholly-owned subsidiary of US based Saturna Capital) to act as the portfolio manager to the Crescent International Equity Fund to be launched later this year

Saturna's strong fund performance in the U.S. underscored the potential of what he believes can be achieved in the Australian market, Managing Director of Crescent Wealth, Talal Yassine, said.

"Our collaboration with Saturna Capital deepens our expertise in global Islamic finance and will give Australian investors the confidence to invest in our Crescent International Equity Fund," Mr Yassine said. (source)