Key Takeaways
- • Malta has been awarded Europe's Most Favoured Fund Domicile for the second consecutive year at the 13th European Hedge Funds Awards 2014, cementing its position as a top-tier European fund jurisdiction.
- • The award recognizes Malta's sustained growth in the hedge fund sector and its reputation for providing high-quality service to fund promoters and stakeholders across Europe's fund of hedge funds industry.
- • Malta Financial Services Authority introduced new Loan Fund rules earlier in 2014, sparking increased international interest from fund promoters seeking to establish loan investment vehicles in the jurisdiction.
- • The award reflects recognition from industry participants across quantitative performance metrics and qualitative assessments conducted by the European Hedge Funds Awards judging panel, which combines both analytical and experiential evaluation criteria.
Summary
Kenneth Farrugia, chairman of FinanceMalta and the Malta Funds Industry Association, welcomed the recognition, noting that the island's hedge fund industry has demonstrated consistent year-over-year growth and established itself as a fund domicile of international repute. Anatoli Grech, Executive Secretary of the Malta Funds Industry Association, emphasized the significance of the back-to-back award, stating that the recognition "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."
The European Hedge Funds Awards employ a rigorous methodology combining quantitative and qualitative analysis to evaluate competing jurisdictions and fund managers. The judging panel applies both quantitative results and qualitative expertise to identify shortlisted candidates and select final winners, ensuring a comprehensive assessment of fund performance and domicile characteristics.
Malta's continued regulatory innovation has reinforced its competitive position. The Malta Financial Services Authority introduced rules for establishing Loan Funds earlier in 2014, generating substantial inquiry volume from international fund promoters seeking to utilize investment fund vehicles for loan-based investments. This proactive approach to regulatory modernization reflects Malta's commitment to maintaining its appeal as a European fund jurisdiction and supporting diverse investment strategies within its regulatory framework.
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