Praude History - Praude : Praude

15 Years

in Business

Praude Asset Management Limited (“PAM”) was established in December 2009 as a limited liability company. In January 2010 the company was granted a Category II Licence by the Malta Financial Services Authority (MFSA), authorizing PAM to provide investment services to professional clients and to hold clients’ money.

PAM qualifies as a ‘UCITS Management Company’ and an Alternative Investment Fund Manager (AIFM). We are also authorised to provide certain ancillary services under our licence.

In April 2010 PAM took over the portfolio management of Hermes Linder Fund SICAV plc (a UCITS fund licensed by the Malta Financial Services Authority) and in June 2010 PAM began providing advisory services to Axion Swiss Bank S.A, the investment manager of Acelum Value Fund SICAV, which was a collective investment scheme domiciled in Luxembourg. In April 2015 Acelum Value Fund SICAV, a Luxembourg UCITS fund was merged into Hermes Linder Fund SICAV plc. In November 2020, the Hermes Linder Fund SICAV redomiciled to Luxembourg, regulated by the Commission de Surveillance du Secteur Financier (‘CSSF’). PAM currently acts as Investment Manager of this Fund.

Since it was first incorporated, PAM has averaged a steady growth on the funds it manages every year.

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