Regulating for success

Malta: hedge fund industry gains momentum


For Tonio Fenech, Malta’s minister of finance, economy and investment, hedge funds are “clearly one of the important and growing sectors” of financial services. Since 2004 when the island state jointed the EU, financial services have become a key component of economic expansion.

The hedge fund industry and alternatives in general has found a strong advocate in Fenech, who is keen to ensure appropriate legislation that encourages the industry rather than stifles it.

Appointed as finance minister

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