Alpen Asset Advisors, the newly created independent financial advisory and asset management company, is now incorporated in the Dubai International Financial Centre (DIFC), according to Times of Oman.

Alpen Asset Advisors, which is regulated by the Dubai Financial Services Authority, will service high net worth individuals and institutions in the Middle East and South Asia, said a press release.

Alpen Asset Advisors uses an open architecture model offering a broad spectrum of investment opportunities in order to ensure an optimum and cost-effective asset allocation for clients. In addition to the standard offering, it specialises in arranging for leverage on equity/debt portfolios to enhance yield.