Growth continues

With the Big Four accounting firms established on the island, Malta has the capacity and expertise to help the hedge fund industry grow. Despite the economic downturn, all the accounting firms are experiencing growth in their fund work.

malta-countryside

Luck, says Deloitte’s Stephen Paris, has something to do with Malta’s success as an international financial centre and as a growing jurisdiction for hedge funds. However, it is not just luck that has seen the country emerge from the financial crisis in such a good state.

The stability of its banking system, coupled with what is seen as a well-regulated onshore regime for hedge funds, is continuing to attract start-ups. Paris believes Malta is particularly well placed for this sector of the market

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