Daniel Gladiš, the boyish looking director and lead portfolio manager of Vltava Fund, has never questioned his decision to set up in Malta. When looking around for a home for the fund, launched in September 2004, his main criterion was to avoid the Caribbean but find a credible jurisdiction with stability. He looked at both Ireland and Luxembourg and rejected both on cost and slowness to market. Then someone suggested Malta. “It never occurred to us,” admits Gladiš.
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