Custom House Global Fund Services Ltd., a leading independent administrator specialising in hedge funds and funds-of-funds, has won the ICFA European Award 2010 for “Fund Administrator of the Year: Malta”.

The ICFA European Awards were held at a gala dinner this week in London attended by almost 200 members of the asset servicing industry.

“We are delighted that our commitment to Malta and our belief in its future role within Custom House has been recognised, along with the efforts of our staff there. We look forward to further growth and success in Malta,” said Dermot Butler, chairman of Custom House.

Custom House Global Fund Services Ltd., which is a member of the Equity Trust group of companies, is the Maltese-based holding company for the Custom House Group of Companies.

CHGFS is a Category 4 Licensed Custodian of funds-of-funds and recognised as a full service hedge fund administrator by the Malta Financial Services Authority.

The primary business of Custom House is the provision of full administrative services to alternative investment and hedge funds, fund of funds, as well as managed accounts and managed account pPlatforms.

In addition to its Malta head office, Custom House, which was established in 1989, also operates through offices in Chicago, Dublin, Guernsey, Luxembourg, The Netherlands and Singapore, and has approximately 290 staff worldwide.

With approximately $40 billion in assets under administration, the firm provides administration services to more than 200 managers, trading through approximately 600 investment funds, for over 200 of which Custom House provides daily dealing NAVs.