Reitway Global picks Prescient Fund Services for Malta fund range
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Reitway Global picks Prescient Fund Services for Malta fund range 01 December 2020 Ireland Reporter: Maddie Saghir
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Reitway Global, a specialist real estate investment manager and advisor, has selected Prescient Fund Services (Ireland) as the fund administrator to its Maltese fund range.
The funds include the Reitway Global Property Fund (MLT) SICAV, which invests in global real estate and property-related securities and aims to generate high current income and the Reitway Enhanced Global Property Fund (MLT) SICAV, which provides exposure to a portfolio of real estate investment trusts (REITs) and REIT-like equities.
Both funds are regulated by the Malta Financial Services Authority as professional investor funds.
Greg Rawlins, CEO of Reitway Global, commented: “Expanding Reitway Global’s presence internationally is our priority and the new partnership with Prescient is another significant milestone in this process.”
“The results of an extensive due diligence exercise on Prescient gives me confidence that both ourselves and our clients are in the hands of a professional, experienced and reputable organisation. We look forward to a mutually beneficial and expanding partnership with Prescient,” added Rawlins.
Rob Childs, head of international at prescient Fund Services, said: “We are proud to have been selected by the Reitway Global team as they embark on the next phase of growth. We are also excited to be able to expand our service capabilities to include fund administration for Maltese regulated funds and we expect this client segment to grow.”
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