Superfund Investment Group, the Vienna-based managed futures fund provider, is to open an office in the Dubai International Financial Centre...

Superfund Investment Group, the Vienna-based managed futures fund provider, is to open an office in the Dubai International Financial Centre. The firm recently received a license from the Dubai Financial Services Authority and intends to offer investment products to institutional and private investors throughout the Middle Eastern region. Bernd Kreuzinger, Superfund’s head of Middle East, said in a statement: "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.” The new Middle Eastern headquarters in Dubai means that Superfund Investment Group now 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, handling more than 50,000 clients. Since its foundation in Vienna in 1996, the investment group’s flagship fund, Superfund Q-AG has achieved a net return of 514.6 per cent, according to the firm.