Among the newly-available currencies are sterling and the Singapore dollar. The company is now authorised by the Monetary Authority of Singapore.
The company, which received its licence to operate as an asset management company from the Dubai International Finance Centre in April last year, said its market neutral, derivatives-based fund will now be a “viable” option for QROPS holders.
“As the fund invests into underlyings on the North American markets, its base currency is obviously the US Dollar. However, to meet our investors’ needs, we can now accept most major currencies,” said vice president of business development Graham Crutchley.
“This makes the Infini Hedge Fund a very viable option for QROPS clients, as being non-correlated to any financial market makes it a safe choice in times of market turmoil.
The fund, which is up nearly 4% since 1 January and fully authorised by the Dubai Financial Services Authority, opened up to the public in February after its strategy was previously used as a family office.
At the time, the company said it hoped the Cayman-domiciled product would be registered for sale in the EU “over the next few months”.
The low volatility, liquid fund has no management fee and a performance fee of 30%.
Infini Asset Management is part of a group which employs over 1700 people worldwide.
