•  
• Tweet
•  
•        Print
•  
•         Track Keywords
•  
• 

Joseph Taussig From Precy Dumlao, Opalesque Asia:

The global financial crisis was viewed by the strong Maltese banking industry as an opportunity for growth. In fact, Malta had no bank failures during the financial meltdown, whereas in almost every country, most financial institutions “went into hunker mode,” said Joseph Taussig, founder of Taussig Capital AG, a Zurich-based asset management firm with more than $1bn in permanent capital, during the recent Opalesque Malta Roundtable.

This sign of economic strength, and other regulatory regimes introduced by the Malta Financial Services Authority (MFSA), made the country the second favorite destination amongst European fund managers next only to Switzerland (See Opalesque Exclusive: here).

Piotr Skoczylas, Managing Director of London-based advisory firm Scotchstone Capital Fund Ltd. Malta sited the robust financial sector in Malta which consistently outperforms its Western counterparts despite the continuing turmoil in the global financial markets. “I think the World Economic Forum’s Global Competitiveness Index 2009-2010 ranked Malta 13th out of mor......................

To view our full article Click here