New platform allows advisers to create own SICAV

The platform can support all asset classes including funds, private equity, derivatives and real estate and there are no leverage restrictions. It has been designed to give advisers greater control over client’s assets in one place; allowing them to move large sums of money quicker. It will also give them European and international distribution capabilities. Funds can be established in a few weeks, rather than the six months to a year it would usually take if an adviser was working by himself, and can be branded with the company name. The funds will come under SIF laws (established...