Island of low-cost opportunity
Malta is attracting hedge funds with an accessible and competitive regulatory regime, while the country's accession to the EU last May offers passporting rights to managers with UCITS-compliant funds
Malta may have earned its name in the 16th century as a fortress against Ottoman attackers, but it is now welcoming foreigners, including an increasing number of hedge fund managers setting up locally authorised portfolios there.
Firms such as CTA manager Michael N Trading and the Czech Vlatava fund have domiciled operations or funds there, and lower fees for service provision from the local
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