The world's first Sharia compliant portfolio based on the Fundamental Index® methodology has been developed for the SEDCO Group based in Saudi Arabia by Swedish based investment manager IPM Informed Portfolio Management (IPM). The mandate is based on a Global Sharia screened portfolio using FTSE RAFI Global Index weightings. Structured as a managed account, it joins the suite of IPM RAFI® (Research Affiliates Fundamental Index) Funds in which many leading ...