The MFSA has published its mid-year report on trends of funds licensed in Malta as at end of June 2016. Below are the most salient points of the report which were noted by the MFSA:
- Whilst the net asset value of diversified funds, bond funds and hedge funds domiciled in Malta declined, the net assets of equity funds and mixed funds expanded by almost €0.19 billion and €0.05 billion respectively;
- The net assets of Alternative Investment Funds increased by almost €0.18 billion when compared to end of 2015 although the Professional Investor Funds reported a decline;
- Over 35% of the funds (including sub-funds) were self-managed, almost 31% were managed by locally licensed fund managers with the remaining 34 % are being managed by overseas managers;
- Funds administered in Malta increased with over 83% funds (including sub-funds) being locally administered.