VOL. XLV

No 10

11-March-2002

CAPITLMARKETS

SHUAA CapitalLaunches Worlds First Arab Fixed Income Fund

The UAE-basedinvestment bank SHUAA Capital announced on 5 March that it had launched TheArab Income Fund (TAIF), which will be dedicated to the Arab fixed income assetclass. The fund will be open-ended and incorporated in the Cayman Islands with monthly subscription andredemption, SHUAA Capital said in a statement. It will aim to achieve hightotal returns through investing primarily in US...