Q Securities, an independent MiFID investment firm and brokerage house with offices in Luxembourg and Poland, has launched operations in Malta having secured a licence from the Malta Financial Services Authority to offer depositary services to alternative funds.
Q Securities, an independent MiFID investment firm and brokerage house with offices in Luxembourg and Poland, has launched operations in Malta having secured a licence from the Malta Financial Services Authority (MFSA) to offer depositary services to alternative funds (AIFs).
Malta is currently home to over 60 companies managing close to 500 funds with total assets above €21 billion. The share of alternative (AIFs) and professional investor funds (PIFs) stands at 70.5% and 15.6%, respectively, according to MSFA data published in June. Last year’s annual increase in assets managed from Malta was over 41%, the highest growth rate in the EU.
Q Securities’ new Maltese branch will mainly service alternative investment fund managers and self-managed fund managers with assets in the €20 millilon to €100 million range.
On top of the depositary services, the company also will be authorised to offer essential brokerage services, including accepting and transmitting orders to buy or sell financial instruments, executing orders, and keeping or registering financial instruments. In the mid-term, the Malta office plans to grow its headcount to five.
