Superfund Investment Group Opens Middle East Headquarters in Dubai International Financial CentrePress Release18 Feb 2006 10:45 am
The Superfund Investment Group, one of the world’s leading managed futures fund provider with more than 50,000 clients, will open its first office in the Middle East in the Dubai International Financial Centre (DIFC) having received its license from the Dubai Financial Services Authority (DFSA) to operate as an authorized firm in the Dubai International Financial Centre.
Superfund intends to offer its successful investment products to institutional and private investors in the whole region in the future.
Christian Baha, the founder of the Superfund Investment Group, states, “Dubai has recently become one of the most attractive financial centres of the world. The Middle East is extremely important for the capital market, particularly for managed futures funds. We are pleased to work together with the Dubai International Financial Centre, a significant partner which has already created a centre for the entire capital market in the Middle East. We are planning to implement numerous activities for the whole region out of Dubai.”
Dr. Omar Bin Sulaiman, Director General of DIFC Authority, commented: “We welcome Superfund to the Dubai International Financial Centre. We aim to continue diversifying our portfolio of companies and offer the entire range of financial services all under one roof. “
Including the new Middle East headquarters in Dubai, the Superfund Investment Group has offices in 14 countries around the world, among them major financial centres such as New York, Chicago, Frankfurt, Tokyo, Hong Kong, Monaco and Liechtenstein. Since its foundation in Vienna in 1996, the investment group’s flagship fund Superfund Q-AG has achieved a net return of + 514,6 % and is one of the top-performing managed futures funds worldwide. More than 40 international awards, among them numerous first places in renowned rankings like the Wall Street Journal or MAR, as well as Standard & Poor’s 5 Stars are an impressive indicator for Superfund’s long-term success.
“We are pleased to be able to market our products out of Dubai from now on. Providing information and service on the highest level for our Middle East clients will be one of our main focuses. Creating awareness that every portfolio should include a managed futures fund for diversification reasons and becoming market leader in the region within a short period of time are our main goals”, Bernd Kreuzinger, Superfund’s Head of Middle East states.