DIFC introduces new fund to target wealthy investors

Dubai: The Dubai International Financial Centre (DIFC), the tax free business park, launched the Qualified Investor Fund (QIF) targeting wealthy investors requiring a registration process of 48 hours.

“QIFs offer a short time to market solution for asset managers wanting to establish funds in a domicile with sound regulatory standards combined with a competitive business environment,” the DIFC said in a statement.

The DIFC houses over 400 regulated entities and over a 1,000 companies with over 80 firms managing assets and over 2,000 funds marketed from the DIFC.