Launches & Closures

EuroFin plots more trade finance strategies


Singapore-based EuroFin Asia is extending its scope this year through its wholly owned subsidiary EuroFin Investments, with plans to tap into the rapidly-growing appetite among institutional allocators for low-risk, trade credit funds.

It is understood that the group, which already manages over $100 million under its flagship LH Asian Trade Finance Fund, will be advising a soon to be launched Shariah-compliant trade finance fund, in partnership with a GCC financial institution.

The new Shariah-compliant trade finance fund is expected to be popular with investors in the Middle East, where investors currently enjoy barely 1-2% in annual returns from