Malta Awarded “Most Favoured Fund Domicile in Europe”
Malta’s success as a fund domicile has been reaffirmed at the ’13th European Fund of Hedge Funds Awards’ hosted by Hedge Fund Review. The award of the “Most Favoured Fund Domicile in Europe” is based upon a methodology that employs both quantitative and qualitative analysis. The voting is made by a panel of judges that includes key players in the fund industry.
Kenneth Farrugia, Chairman of FinanceMalta and the Malta Funds Industry Association, said “Accession to the European Union eleven years ago, marked the start of Malta’s journey towards becoming the international fund domicile it is today. The island’s hedge fund industry has continued to grow year-on-year, solidifying its position as a fund domicile of international repute and I am delighted that Malta’s value proposition has been recognised once again this year by the judges of the well-respected and pre-eminent Hedge Fund Review Awards. Malta’s competitive advantage is evidently underpinned by the presence of an accessible and pro-business regulator, a strong operational infrastructure driven by high quality, legal, audit and fund consultancy services as well as the presence of service clusters in the asset servicing space.”