Malta’s reputation as a European Fund domicile is increasing very swiftly, as a large number of funds are choosing to set up on the island.
Over the last couple of years, Malta has established itself as a fund domicile of international repute, serving domestic, European and international markets.
The fund sector is the fastest growing financial sector in Malta. In 1995 there were only 5 licensed Collective Investment Schemes (CIS) in Malta, and by 2012, this number has grown to more than 500.
Below is an interesting snap shot of the local fund sector.
|Domiciled Funds Total||519||NAV PIFs||€5.3 billion|
|Professional Investor Funds (PIF)||407||NAV UCITS||€1.7 billion
|UCITS||58||NAV Non-UCITS||€0.8 billion|
|Non-UCITS||30||Funds listed on the MSE||30
|Foreign Based||22||Recognised Fund Administrators||24
|Recognised Private CIS||2||Fund Managers||aprox 20
|Net Asset Value (NAV) Total||€7.8 billion||Authorisation timeframe||2-3 months|
Source : Finance Malta