Silk Invest's Luxembourg SICAV hedge fund, the Silk Road Income Fund, has been awarded the 2009 'Golden Bull' prize for innovation at the 'Finanzen Nacht' ceremony in Munich.

Hailed by the German press as the "Oscar of the financial world", the award is sponsored by Euro, Germany's leading finance publication. The gala evening was attended by over 500 delegates.

"We are proud to have been recognized in this way." Zin Bekkali, CEO of Silk Invest, said, "We launched the fund so that our clients could capture the unrivalled risk-return profile that we see in these markets. To be called innovative is icing on the cake and is especially nice in view of all the effort we have put into structuring access to these markets."

The Silk Road Income Fund was launched in October 2009. It gives investors exposure to a range of frontier fixed income markets, previously inaccessible to mainstream European investors in the shape of a UCITS compliant fund.

More at: Silk Road Awarded Hedge Fund "Oscar"