Infiniti Capital has signed an advisory mandate with an Australian institutional client, increasing its assets under management and advice to over $1 billion.

Infiniti Capital is a boutique asset manager that has historically specialised in emerging manager hedge fund of funds mandates and also offers bespoke solutions for institutional clients.

Darren Katz has been appointed as head of Infiniti Capital's Australian business. The Sydney office further strengthens the company's Asian focus and joins existing bureaus in Hong Kong and Christchurch.

"Infiniti Capital analysts have extensively evaluated more than 1000 hedge funds in the last five years and we have another 2700 funds on our proprietary database. In addition, we have been expanding our traditional funds of funds offering to include more systematic and long-only products," said Katz.

According to Katz, "The long-term expected returns of funds of funds, in particular, lie between bonds and equities, depending on the composition of the portfolio. The proper strategy for investment in funds of funds is either as an adjunct to a balanced portfolio or superfund or as an alternative to such funds for high net worth individuals."

Hong Kong-based CEO Ian Shearer said this has been aided by an internally developed suite of analysis and portfolio management tools that is being commercialised as the Infiniti Analytics Suite (IAS).