QInvest Managed Account Platform (QMAP) funds have been included in The Global Fund Platform of top 10 global custodian and asset servicer, RBC Investor & Treasury Services.
QMAP, launched by QInvest, a leading Qatar-based investment bank, in the first quarter of 2013, is the world’s first open architecture Shariah-compliant managed account fund platform, which brings the capabilities of some of the “best managers” in the world to investors, who would like to adhere to Islamic principles.
Through the RBC Investor & Treasury Services’ platform, investors and fund selectors from across the globe that use the platform’s open architecture environment can now access a wide selection of Shariah-compliant funds.
The Global Fund Platform helps both managers and buyers fully exploit and adapt to the changing dynamics of the global fund distribution market. It allows fund buyers to optimise fund selection with access to more than 90,000 share classes registered with a network in excess of 400 transfer agents.
QInvest’s chief executive officer Tamim Hamad al-Kawari said: “QMAP is a pioneering solution that provides QInvest clients and shareholders with a new investment platform that comply with Shariah. We are very pleased to include QMAP offering on the RBC Investor & Treasury Services distribution platform. This will significantly strengthen QInvest’s reach to global investors”.