Fortis Investments’ Indonesian entity, PT Fortis Investments, has teamed up with its Distributor, HSBC Amanah Syariah, to offer an IDR500bn (US$55m) Sharia-compliant equity mutual fund to Indonesia’s growing number of mutual fund investors. The fund, ‘Fortis Pesona Amanah’ will invest between 80-98% in stocks, with the rest invested in money market instruments, based on the Sharia principle. The selection of investments by PT Fortis Investments fund managers will be overseen by an independent Sharia Supervisory Board.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more