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