The platform is designed to take advantage of the regulatory structure of a Specialised Investment Fund together with the open-ended investment company vehicle that is widely used for both long-only retail funds and alternative investments.

According to the firm's chief executive Kevin Mudd, wealth managers, financial advisors, fund managers, family offices, high net worth individuals and entrepreneurs can use the platform to establish their own Luxembourg-regulated Sicav SIF funds.

Sicav SIF funds can accommodate all asset classes including hedge funds, private equity and real estate and do not carry any restrictions on leverage.

Mudd argues that this open-architecture platform offers a faster route to market, enabling funds to be established and open for capital within a few weeks rather than the months it can take for traditional retail funds.

The KMG Sicav SIF platform also provides all back office support, administration and other services necessary for the creation and management of a fund.

Using a Luxembourg-licensed and regulated vehicle, promoters establishing Sicav SIF funds do not have to apply for additional licences.

“Launching a Sicav SIF fund gives financial advisors and affluent investors control over their assets," Mudd said “An IFA can become a product provider, not just a distributor. For businessmen and entrepreneurs, establishing a fund can be a highly time- and cost-effective strategy for raising capital."