Mediterranean Rim Fund (Valetta Fund Management) - July 2006

While Valetta Fund Management’s Mediterranean Rim Fund does not go short, VFM’s Kenneth Farrugia explained its absolute return approach is applied interestingly to countries bordering the Mediterranean’s shores.

What do you see as the case for launching a fund focused on the Mediterranean rim?
The Mediterranean rim is an area of growing affluence. The region is rapidly growing and benefiting from exporting to the European Union, as well as from outsourcing from it. In addition, the region has increasingly important and valuable hydrocarbon deposits. These are creating wealth throughout economies. This fund seeks to benefit from this wealth creation by being early to invest in these markets.

What are the

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