The average family office portfolio allocates approximately 9 per cent to hedge funds, up from allocations of 7 per cent in 2014, according to The Global Family Office Report 2015, produced by Campden Wealth Research, in partnership with UBS. The
This year’s KPMG hedge fund report was done in partnership with Hedge Fund Research and focused on the role of women in the industry. The ‘Women in Alternative Investments Report (WAI Report or Report)’ shows, that the alternatives industry is
By Dr Michael Xuereb, MFSA – Following several years of fund platform developments, the MFSA has more recently been focusing its efforts on upgrading and enhancing the product structuring framework. The Securitisation Act, which came into effect in 2006, introduced
"Malta provides an outstanding opportunity for private equity and venture capital managers. It has a flexible LP structure, an extensive network of double tax treaties, a favourable local tax regime and experienced service providers who can provide a cost-effective solution,"
When it comes to the formation process, funds in Malta may take different legal forms and with respect to hedge funds, the most popular structure is the SICAV. The formation process is two-fold: • The fund licensing process, handled by
By James Williams – "One cultural attraction that I recommend people to visit is St John's Co-Cathedral where they can view Carravagio's 'The Beheading of St John the Baptist' and 'St Jerome Writing'," comments Joseph Zammit Tabona, Special Envoy to
Malta's PIF regime allows the setting up of three different types of PIFs each based on the profile of the participating investors' taking into consideration their overall wealth and investment experience. The regulations governing each type of fund vary and
The emergence of complex rules and regulations such as AIFMD and FATCA means that any new manager with visions of running their own hedge fund business must think carefully about the best route to market. For managers who wish to
By Dr Louis de Gabriele (pictured), Camillieri Preziosi Advocates – In recent years, the Maltese jurisdiction has continued to consolidate its reputation as a fund domicile of choice for fund promoters and managers alike. Having emerged as a cost-effective jurisdiction for funds, Malta
Despite Malta introducing a legal framework for securitisation in 2006, the financial crash meant that it was rarely used until around 2012. But there are signs that securitisation is gaining some momentum locally. This is being helped by a dedicated
