Edinburgh Fund Managers is to move into the Maltese investment market in a
joint venture with Maltese insurance provider GasanMamo Insurance Agency.
The firm, which last week announced its £20m acquisition of Portfolio
Fund Managers, will provide the investment products for GasanMamo's newly
launched fund management arm, GasanMamo Financial Services.
EFM's managed growth portfolio will be the first investment product
offered to the Maltese market.
Edinburgh global partnerships director Alan Bathgate says: “Edinburgh Fund
Managers has a continued commitment to developing its distribution network
through global partnerships.
“This latest partnership adds to our growing list of successful partners
and we are delighted to provide its specialist products and expertise into
an investment market with strong growth potential.”
GasanMamo Financial Services managing director Albert Mamo says: “We are
presently witnessing a changing financial services market in Malta, with
the Maltese public becoming more and more discerning, which makes it a very
exciting time to be in this market.”