Jesmond Mizzi Financial Services Ltd (JMFS) has recently renewed their agreement with New Star International to be the representatives of New Star Global Investment Funds plc in Malta. The agreement has been automatically renewed and extended until May 2013. This was announced by Jesmond Mizzi, Chairman of JMFS, following his return from the UK where he was presented with the agreement by Cobus Kruger, New Star International Director, Mutual Funds.
JMFS Ltd was set up in September 2002 and was issued a category two license by the Malta Financial Services Authority to provide investment services. JMFS is a highly dynamic and flexible company that seeks to provide personal and thorough services to its clients, and although a relatively young company the executive directors have many years of experience in the financial services field.
Malta was one of the first countries where New Star put a distribution agreement in place, which happened in the year 2003. This distribution agreement was with Jesmond Mizzi Financial Services and this extended agreement indicates both companies total confidence in each other.
New Star is a broadly-diversified and well-capitalised investment management company. The launch of New Star has been a real success story, which is demonstrated by the pace with which they have gathered assets. New Star is quoted on the London Stock Exchange and has received many awards since the company was launched. The most significant is New Star being named overall winner of Citywire Team All Stars Award three years running (2004, 2005 and 2006).
New Star currently holds 36.7 (Lm15.8) billion assets under management (at 30.06.2007) which have grown from a starting point of US$1 billion since the company was founded in June 2000. One the significant factors that distinguishes New Star from other Investment Companies is that all permanent staff are share or option holders.
New Stars head quarters are based in Knightsbridge, London, where their fund managers are based but they also have offices situated in Dublin, Hong Kong, Madrid and Switzerland. New Star understands that the only real value they can add to their clients is investment performance, and for this reason, New Star is dedicated to providing their investors with superior long-term performance prospects, with the entire organisation being geared towards this aim.
Jesmond Mizzi Financial Services and New Star are continuously reviewing their range of products available and coming up with new ideas and innovative products for the local Maltese market. Further information can be obtained from: Jesmond Mizzi Financial Services, 67/3 South Street Valletta or on tel: 2122-4410 or www.jmfs.net
Jesmond Mizzi Financial Services Limited is licensed to conduct investment services by the Malta Financial Services Authority. New Star Global Investment Funds are incorporated in Ireland and regulated by the Irish Financial Regulator. The Funds are advertised in Malta in terms of the UCITS directive. Investors should note that the value of investments can go down as well as up. Past performance is no guarantee for future performance.