Small hedge funds averaged a loss of -17.03 per cent in 2008, while medium-sized and large funds fared better with average losses of -16.04 per cent and -14.10 per cent respectively, ac
The official grandfathering period of the AIFMD only ended this July so assessing how different jurisdictions and their fund industry networks are adjusting to the new challenge is a little too early to call. Nevertheless, as burdensome as the Directive
Malta Fund legislation: Investment Services Act, (Cap. 370 – Laws of Malta); Number of funds
By Robert Higgans (pictured) & Clare Farrugia, MFSA – Since the end of the transition period applicable to Alternative Investment Fund Managers (AIFMs) that were undertaking activities before the coming into force of the AIFM Directive on 22 July 2013, a clearer
For emerging managers, the fact that Malta retained its PIF regime alongside the new AIF fund regime means that a number of fund structuring opportunities now exist. The most popular option, to date, has been for managers to register with
Man Group’s assets under management fell by more than a third in the 12 months to March 2009 to USD46.8bn, according to figures released by the alternative investment manager.
Retaining its Professional Investor Funds (PIF) regime is possibly the single biggest development for Malta in recent memory. The island is now home to over 600 MFSA-authorised hedge funds and whilst a number of those are now being transitioned into
“What we are seeing under AIFMD is increased interest in asset managers using Malta as a domicile for the setting up of AIFMs,” observes Kenneth Farrugia (pictured), Chairman of FinanceMalta. He continues: “Over the past ten years, the MFSA has
The hedge fund industry took in USD18.4 billion (0.8 per cent of assets) in August, the highest inflow in three months and a strong rebound from redemptions of USD750 million in July, according to data from TrimTabs and BarclayHedge. “Hedge
Malta-based Golden Hedge Umbrella Sicav has launched a multi-strategy hedge fund and is currently looking for prospective seed investors.
