The Malaysian royal investment fund The Royal Invest Fund of Kelantan (RIFK) has been awarded a licence in Malaysia to operate The Royal Investment Bank of Kelantan (RIBK). RIBK wants to focus on investments in financial technologies, real estate, technology parks and manufacturing, with an emphasis on ecology, commodity trading, software development, and medical solutions.
RIBK and RIFK operate under the prestigious investment platform of The Royal Capital Club (RCC) and are linked up to the international IC Group, which is the leading investment consultant for the royal fund.
The clientele of these investment platforms is based around a number of prominent royal and investor families and investment entities doing business not only in Malaysia, but also at the international level. One of the most prominent founders of the RIBK is the Malaysian royal family, headed by King Muhammad V of Kelantan.
“The philosophy of the royal family as the main investor is a vision that emphasises timelessness, respect for tradition and value sustainability. Unlike other asset managers, we work with a long investment horizon that aims to ensure that all our investors' children, grandchildren and great-grandchildren have a happy and healthy life, with strong assets behind them. We want to achieve this through diversity and diversification,” says Petr Merežko, project manager responsible for investment banking development and member of the IC Group board of directors.
Within the framework of the Royal Fund and the IC Group advisory network RIBK is represented in more than fifteen countries around the world and jointly manages more than 50 billion EUR within the group. RIBK wants to focus primarily on investments in financial technologies, real estate, technology parks and manufacturing, with an emphasis on ecology, commodity trading, software development and medical solutions.
“RIBK will offer diversified investment opportunities in seven sectors through its mutual funds. Preparations are under way for the licensing of new funds, through which we will be launching other investment projects next year,” says Petr Merežko.
RIBK, drawing on the generations of experience of its founders, places great emphasis on tradition, but is also open to innovations and solutions using modern investment instruments. It seeks a conservative and safe investment strategy that makes the most of synergy.