Growing jurisdiction plans for expansion

Malta: hedge fund industry gains momentum

malta-seafront

Malta is gearing up to challenge the established hedge fund jurisdictions in Europe. Although the government is careful to say it is not competing head-on with the dominant players in the industry – Luxembourg and Dublin – the country is in an advantageous position following the financial crisis. Its rivals are looking decidedly less healthy.

Ireland annoyed its eurozone partners by declaring a bank bailout without consultation and is still dealing with the fallout from a near-collapsed banking