Citco Fund Services (Malta) Ltd and Citco Custody Ltd will provide a comprehensive asset-servicing offering for funds domiciled both in and outside Malta.
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Global director of Citco Fund Services, William Keunen, said the extension of Citco’s global footprint in Malta makes eminent sense.
"We have been asked on numerous occasions whether we can service funds domiciled in Malta. Now, with the implementation of the AIFM directive in July 2013, Malta will provide a viable alternative to the main European hedge fund jurisdictions, in particular because the legislation is ready and the MFSA is engaged and proactive," Keunen added.
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