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A survey by The Banker magazine shows that the Cayman Islands can hold their own against international standards relating to service or regulation. For the third time in a row, The Banker magazine’s 2011 International Financial Centre (IFC) survey has awarded the top spot to the Cayman Islands in the Specialized Financial Centre category, besting … Read more
When you want to invest in the Cayman Islands, the place that you should be contacting is the Chamber of Commerce, as this is the best center to get any kind of business related information. This island has been a favorite spot for most business ventures for a long time now, since it has many … Read more
When you want to invest in the Cayman Islands, the place that you should be contacting is the Chamber of Commerce, as this is the best center to get any kind of business related information. This island has been a favorite spot for most business ventures for a long time now, since it has many … Read more
Favorite Vehicle of Japanese Investors Expands to New Markets, Says Walkers GEORGE TOWN, Grand Cayman, Oct. 31 /PRNewswire/ — Walkers, the global offshore law firm of choice for investment managers, financial organizations, and international law firms, said today that hedge fund managers are increasing their use of unit trusts in structuring hedge funds. While these … Read more
In a clear sign that United Kingdom tax authorities are keen to crack down on the tax practices of high-rolling hedge funds, GLG Partners Services Ltd., a Cayman Islands entity that distributes hedge funds run by GLG Partners LP, has settled a probe by British tax officials. Busted by the British Tax Police. Hedge funds, … Read more
The Cayman Islands Monetary Authority (CIMA) announced this week that the islands’ hedge fund sector is continuing to boom, with an additional 665 funds having registered in the first five months of the year. Cayman Hedge Funds Are Unstoppable. The years 2004 saw a record 1,405 funds acquiring registration, and 2005 was almost as good. … Read more
NEW YORK, June 20 (Reuters) – Some 665 hedge funds established a presence in the Cayman Islands in the first five months of 2006, a pace that could put the offshore banking center on track for another record year in registrations in 2006, Cayman officials said Tuesday. As of the end of 2005, there were … Read more
Attracted by the jurisdiction’s light tax and regulatory touch, the Cayman Islands authorities are registering almost 35 new funds per week, according to Gary Linford, head of the Investment and Securities Division of the Cayman Islands Monetary Authority. Speaking at a fund industry seminar in Jamaica last month, Mr Linford noted that the Cayman Islands … Read more
WEST PALM BEACH, FL (www.hedgeco.net) – A record number of new hedge funds were created during the first half of 2005, according to Busnesswire reports. Despite the global slowdown in hedge fund returns during the first half of 2005, there was a 13 percent increase in the number of new hedge fund launches compared to … Read more