BIMB fund to leverage on AI

Business & Finance
18 May 2021 • 12:29 PM MYT
Daily Express
Daily Express

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Kota Kinabalu: Artificial intelligence technology (AI) utilisation in equity investment adds value to BIMB-Arabesque Global Shariah Sustainable Equity Fund (BGSEF), virtually launched by BIMB Investment Management Berhad (BIMB Investment), a wholly-owned subsidiary of Bank Islam Malaysia Berhad recently.

BIMB Investment Chairman Mohamed Ridza Mohamed Abdulla who launched the fund said that BGSEF is a global shariah ESG equity feeder fund that seeks to achieve capital appreciation over a medium to long term period for investors.