Head of CCIM

Stephen Borg


Stephen is the Head of Calamatta Cuschieri Investment Management Ltd.

Stephen is responsible for heading the Group’s Wealth and Fund Management arm, which is a key area for the Calamatta Cuschieri Group and an important aspect of the firm’s growth plans.  

He has over 17 years experience in the financial services field.  Prior to his appointment in 2019, he had previously held the positions of Head of Research and Head of Portfolio Management Services at one of Malta’s leading financial services institutions with responsibilities for the group’s top high net worth clients.

He graduated with Honours n Banking & Finance from the University of Malta in 1999.


Investment Manager

Jordan Portelli

web-photos-jordanJordan is an Investment Manager at Calamatta Cuschieri specialising in Fixed Income.

He started his career as a research analyst with a local established financial advisory firm, way back in 2010, were later he was promoted as the company’s Head of Research. In addition he was also involved in managing discretionary mandates. In 2015, Jordan joined an Asset Manager, specialising in fixed income debt. Here he co-managed a UCITS fund focusing on high yield bonds and was also responsible for the trading and credit analysis for the fund.

In January 2016, Jordan joined Calamatta Cuschieri to hold the position of an Investment Manager with the main responsibility of managing the company’s bond funds and other discretionary mandates. His main focus is High yield debt with a span of 7 years’ experience within the asset class. Jordan acts as a voting member on a number of Investment Committees entrusted with the management of UCITS collective investment schemes.

Jordan obtained a Diploma in Business and Management from Cambridge College in the U.K. In addition, he obtained his Bsc (Hons) in Economics from the prestigious London School of Economics, which forms part of the University of London.

Investment Manager

Kristian Camenzuli

Kris- website (jpg)

Kristian is an Investment Manager at Calamatta Cuschieri specialising in Blue-Chip Equities.

He manages the CC Euro Equity Fund and carries out in depth analysis on international equities. He is also an IM for other funds for which Calamatta Cuschieri Investment Management is appointed Investment Manager and sits on a number of investment committees.

Kristian earned the CFA charter on 11th August 2015 and is a member of the CFA society of the UK. He graduated with Honours in Economics from the University of Malta in 2005.

Investment Manager

Jesmar Halliday


Jesmar is a Discretionary Portfolio Manager at Calamatta Cuschieri Investment Management Ltd. Mr. Halliday started his career with Bank of Valletta plc and held various roles at the bank and its subsidiaries over nine years. He started his career at the bank as a Branch Officer on the front line promoting services and products offered by the Bank. After that he moved on to the Treasury Department where he worked on the FX desk, as well as being exposed to the overall management of the bank’s investment book, liquidity and deposit base.

In 2014, Mr Halliday moved into the Capital Markets & Institutional Management Unit as an investment Analyst; writing research notes and assisting the investment manager in managing seven UCITS funds. Mr Halliday became an Investment Manager in 2016 managing three newly set up Investment Funds and co-manage various institutional portfolios.

Mr. Halliday holds a Bachelor of Commerce with Honours in Banking & Finance from the University of Malta and is a Chartered Financial Analyst (CFA).

Risk Manager

Raluca Filip


Raluca is the Risk Manager of Calamatta Cuschieri Investment Management. She joined the Company in 2014 as an Investment Manager and she took on a new position in 2016.

In her current role, Raluca is responsible for ensuring that the risks taken are in line with the relevant regulation and also with the risk profile approved by the Senior Management where applicable.

Raluca holds a Bachelor’s Degree in Banking & Finance and has since completed an MA in Financial Analysis, the CFA Programme and the PRIMIA Professional Risk Manager Programme. She worked with various investment companies and as an economist for the Central Bank of Malta.