Malta headquartered manager FMG’s Stockholm office continues to find
opportunity in emerging and frontier markets.
Arjen Los, portfolio manager on the Dominion CHIC fund remains firm on the megatrends of demographics and global growth that underpin the fund’s investment objectives.
Recent reforms by Malta’s government are enabling the island to take an increasingly important role in Europe’s fund management market.
Skandia International, the offshore business of Old Mutual says it is working with qualified recognised overseas pension schemes providers to offer simplified QROPS arrangements across multiple jurisdictions.
Guernsey and Malta have signed a Double Taxation Agreement (DTA). The agreement was signed by Lyndon Trott, Guernsey’s chief minister, and Joseph Zammit Tabona, Maltese high commissioner to the UK.
French hedge fund group Bernheim, Dreyfus has entered a cooperation agreement with Malta-based third party marketing group Hyde Park Investment to raise $200m from institutional investors.
S&P’s new rating of European sovereign debt is outlined in the attached table.
Standard & Poor’s has downgraded the credit ratings of a raft of eurozone nations including Italy, Spain and Portugal as well as stripping France and Austria of their AAA status.