Malta Voted as the Most Favoured Fund Domicile in Europe


As recently announced by FinanceMalta, Malta has been coveted with Europe’s Most Favoured Domicile award at the Hedge Funds Review 13th European Fund of Hedge Funds Awards 2014 – for the second consecutive year. The European Fund of Hedge Funds Awards is the only event held exclusively for the European fund of hedge fund sector and continues to attract the top names from the industry year on year.

These awards are determined on the basis of a rigorous quantitative and qualitative analysis and voted by an impartial panel of judges which include top professionals from the funds 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 hedge fund industry in Malta continued to grow year-on-year, solidifying its position as a fund domicile of international repute. He added that Malta’s competitive advantage was ”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. These critical success factors are frequently mentioned by fund promoters as the key criteria influencing their choice of Malta as a domicile.”

Malta continues to be pro-active and innovative. The Malta Financial Services Authority (MFSA) has, in fact earlier this year, issued rules for the setting up of Loan Funds which were the first of their kind to be issued by a national supervisory authority in Europe and which in turn have spurred a number of enquiries by international fund promoters seeking to use investment fund vehicles to invest in loans. The MFSA has also recently issued a consultation document aimed at Private Equity Funds in order to further strengthen Malta’s appeal in this space.

Anatoli Grech, Executive Secretary of the Malta Funds Industry Association, who was present at the awards ceremony said, “The recognition of Malta as the Most Favored European Fund Domicile has been awarded for the second consecutive year. This clearly shows that Malta has further strengthened its reputation as a world class financial jurisdiction and its appeal to the various hedge fund stakeholders seeking to establish funds in a European domicile. This indeed augurs very well for the fund’s industry in Malta and all the industry’s stakeholders”.

Malta continues to grow its hedge fund business as it offers a robust, comprehensive legal framework for the establishment of a Malta Hedge Fund and various types of investment funds. Setting up your Hedge Fund in Malta allows you to benefit from Malta’s pro-business regulatory environment, as well as our knowledge and experience.