Maltese fund administration sector expands as Citco opens for business in 2013

Special report Malta 2012/2013: Dawn of a new era

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“Malta will be on the rise for the next few years. I don’t see a reason why it should stop, irrespective of the financial crisis, because [the crisis] is giving a reason for other players to look for alternatives,” declares Kevin Caruana, managing director at Custom House Global Fund Services, part of the TMF group.

His thoughts echo those of others in the fund administration business in the jurisdiction. Malta continues to be an attractive place for fund administration. From only a handful of co