New platform lets advisers create own SICAV funds

Advisers, wealth managers, fund managers, family offices and high-net-worth individuals will be able to use this platform to establish and manage their own Luxembourg-regulated SICAV SIF funds. The platform can cater to all asset classes, including hedge funds, private equity and real estate, and there are no restrictions on leverage. Founder of the platform, Kevin Mudd, said: "Launching a SICAV SIF fund gives financial advisers and affluent investors control over their assets. With a SICAV SIF fund, an IFA can become a product provider, not just a distributor." KMG SICAV SIF is claimed...