Tag: Calamatta Cuschieri
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Tum Invest has issued €12 million in bonds to pay debts, and finance their businesses
Tum Invest, an off-shoot from Tumas Group that is fully owned by Anthony Fenech has issued €12 million in bonds at 5.2% for 10 years on the Malta Stock Exchange. Tum Invest claimed that the money was to be spread and used across their companies and business activities but up to €3.8 million of the…
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Calamatta Cuschieri’s funds keep up their horrible track-record
First of all, a shout out to FinTelegram, which is the only website conducting investigative journalism in the local finance industry apart from this website. Both of us have covered the horrible track record of local funds, and in particular, FinTelegram has covered Calamatta Cuschieri in extensive detail while I tried to cover most of…
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Who knew? Maltese run equity funds underperform badly
So, after having looked at Maltese government bonds, I decided to take a quick look at what’s available in the local market in terms of funds. Maltese government bonds are usually oversubscribed and local investors love them, so I checked whether Malta has some locally owned hedge funds or mutual funds. And boy, what a…
