Prestige Capital Management, a Malta-based investment management company, has named Iain Fulton as its new COO.
In his new role, Fulton will support various Prestige companies internationally, according to Hedgeweek.
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In addition, he will ensure greater professional and management capacity and enable the firm to achieve ongoing regulatory obligations including the Alternative Investment Fund Managers Directive (AIFMD) and European Market Infrastructure Regulation (EMIR), along with its medium term expansion plans.
Prior to joining Prestige Capital, Fulton worked at several firms such as Merrill Lynch, Wellington Management International, Otkritie Securities Limited and Sberbank CIB (UK).He started his career at Investcorp Bank in Bahrain.
Craig Reeves, founder of Prestige, said: "It is now over three years since we established a regulated investment management business in Malta and I have often been quoted as saying our business is all about good people and good processes. Iain’s experience will help us to achieve our growth plans for both the Malta Funds business and the wider Prestige businesses."
