Growth Investments Company Ltd, a wholly owned subsidiary of Middlesea Valletta Life Assurance Company Ltd, has started promoting Schroders Funds in Malta.
During the launch of Schroders at the Hilton Malta, David G. Curmi, CEO of Growth Investments and Middlesea Valletta Life, in his address to clients and potential clients of Growth Investments officially introduced Schroders Funds in Malta. He said this partnership will bring more quality options to investors in Malta and Growth Investments is pleased to be promoting one of the world’s largest fund managers.
Schroders plc is a leading global asset management company that was set up in 1804. Currently, it has e111.3 billion funds under management. It is considered one of the largest global companies in its field, offering a comprehensive and flexible product range that includes equities, multi-assets, bonds and alternative investments.
Its clients include institutions, corporations, insurance companies, local and public authorities, charities, pension funds, high net worth individuals and retail investors.
Thierry Clarke, Business Development Manager for Central & Eastern Europe and Mediterranean, said in his speech that Schroders plc operates through a worldwide network of nearly 40 offices in 26 different countries across Europe, the United States, Asia and the Middle East. It employs over 2,600 people worldwide.
Karl Dasher, Global Head of Fixed Income highlighted the importance of having a global team of capable in-house specialists who contribute with local expertise and investment ideas to the global research network of Schroders plc. Through the network, Schroders plc can identify investment potential wherever it is located.
During his presentation he also emphasised the importance of diversification and spreading risk through a pooled fund rather than investing in a single unrated corporate bond.
During the present credit crunch Schroders plc was not exposed to subprime funds such as Northern Rock, Lehman Brothers, AIG, Bradford & Bingley, Irish Banks, Washington Mutual, Wachovia or any US subprime debt.
Schroders plc has a history of consistent performance and a proven track record. In 2008, the company’s long history, independence, financial stability and exclusive focus on asset management, were given recognition by the independent ratings agency Fitch.
Growth Investments Limited is authorised to conduct investments services business by the MFSA and is an enrolled TII of Middlesea Valletta Life Assurance Co. Ltd. COM 16072009208.