Launches & Closures

Altarius launches first Maltese fund platform

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Altarius Asset Management, the Malta-based asset management arm of Altarius Group, has launched the Paragon Sicav, one of Malta’s first independent fund platforms exclusively open and dedicated to third party managers and family offices.

Registered as a professional investment fund, Paragon is flexible with regard to investment strategy, liquidity, reporting and leverage. One of its key benefits is that it does not attract income or capital gains tax. Among its strengths, Paragon has an open architecture that allows clients the opportunity to nominate their own service provider.

In addition, as a collective investment scheme it is cost-effective as