MALAYSIA: BIMB Investment Management and UK-based Arabesque Asset Management have launched the BIMB-Arabesque Malaysia Shariah-ESG Equity Fund. The fund will invest in listed equities (up to 98% of the fund’s net asset value), of which at least 70% of the portfolio is allocated to companies in Malaysia and up to 30% to foreign companies. The fund, the second under the BIMB-Arabesque partnership, is targeted to reach RM100 million (US$22.44 million) over a one-year period. Concurrently, BIMB Investment and Arabesque Asset....