KUWAIT: Kuwait Financial Centre (Markaz) has announced a 2.37% increase in returns for the second quarter on its Markaz Fixed Income Fund. The fund has been operational since January 2011 and invests in bonds and Sukuk issued by the GCC government and firms.
However, its Markaz Islamic Fund reported a loss of 6.6% in the first half of this year against a decline of 11.2% in its benchmark performance.