 25-31 October 2000 |
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Feature E-government finding its place in the IT revolution: The clear advantages of embracing e-government Attaining e-government in Malta MITTS aims to create a virtual government Opinion The benefits of standardisation Prof. Josef Bonnici, Minister for Economic Services, recently addressed a seminar titled ‘The Benefits of Standardisation to Industry' in which the minister lays out the current role of the Malta Standardisation Authority and its anticipated evolution |
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Vilhena Funds AGM "Assets under management in the Vilhena Funds SICAV plc. have increased by an impressive 42% from Lm36.19 million as at 30 June 1999 to Lm5l.58 million as at 30 June 2000. The number of shareholders has tipped the 3,500 mark." Chairman Dr Remigio Zammit Pace announced during Vilhena Funds’ Annual General Meeting. After the meeting the shareholders were addressed by Kenneth Farrugia, Marketing Manager at Valletta Fund Management Limited. Mr Farrugia spoke about the asset allocation and the excellent performance of the Vilhena Funds during the year under review, highlighting Valletta Fund Management’s commitment to make the shareholders money work harder. Mr Farrugia also explained that "in order to make the Vilhena Funds more accessible to a wider customer base, Valletta Fund Management is also offering potential shareholders an easy way to start a monthly savings plan. The monthly savings plan is extremely advantageous to customers who prefer to invest a smaller amount on a monthly basis as against a lump sum investment." The shareholders were also addressed by Vincent J Rizzo of Rizzo Farrugia & Co (Stockbrokers) Ltd, sub-advisor to the Vilhena Funds. Mr Rizzo gave a brief overview of e local financial market and explained how the synergy between Rothschild Asset Management as advisors to the Funds and Rizzo Farrugia & Co (Stockbrokers) Ltd as sub-advisors seek ensure that the funds are managed with a careful balance between risk and return in order to deliver investment performance which is consistently above average. | ||||||
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The Business Times, Network House, Vjal ir-Rihan San Gwann SGN 07 | Tel: (356) 382741-3, 382745-6 | Fax: (356) 385075
Editor: Saviour Balzan
e-mail: [email protected]