Plans for South African QIHF to resume
Having been put on hold due to the global pandemic, the decision has been made by Belmont Investments to once again move forward with the launch of our first FSCA-approved fund. In partnership with Prime Asset Management, the fund will be a Qualified Investor Hedge Fund (QIHF) as defined under recent South African legislation.
This fund will allow South African investors to access our investment technology without impacting their annual offshore allowance. A launch date of July 2022 has been tenatively scheduled.