It also provides the benefits of live pricing typically associated with exchange traded funds and, importantly, offers active investment management where ETFs do not.
The receipt of the investment is in satisfaction with the final and binding arbitration award issued in the favor of the Company from the China International Economic and Trade Arbitration Commission on October 23, 2015 and the enforcement agreement dated
It has a team of about 100 people, supported by 200 technology specialists based in Singapore, but they may not always be at the facility.
The fund joins others set up by the UAE and Abu Dhabi, the largest emirate in the country, to invest with different countries, including Russian Federation and France.
The remaining 9% of the shares will be owned by BRI's Employees Welfare Foundation as soon as the acquisition process is completed, pending a final approval from Indonesia's Financial Services Authority.