The Cayman Islands remains the heart of the offshore hedge funds world, and it is well positioned to remain there even in a future driven by technology including artificial intelligence, Ingrid Pierce, global managing partner at Walkers, tells Cayman Funds.
The Cayman Islands Directors Association, a rising force on the Cayman Islands for several years, celebrates its 10th anniversary in 2018. Cassandra Powell, its president, tells Cayman Funds about its achievements in 2017 and its plans for the year ahead.
The regulatory environment and the operational and security risks are vitally important considerations when investing in cryptocurrencies. Alex Bodden, Jay Schulman and Todd Briggs of RSM explain the key things that investors and others involved in this sector must look out for.
2017 was a memorable year for 100WF Cayman as a new brand and new identity led to a surge in membership and record levels of charity fundraising. 2018 is set to be even better, says Michelle Morgan, chair of the Communications Committee of the 100WF Cayman Location.
In the same way that the Cayman Islands has innovated to stay ahead of the curve in other areas, it must ensure that it leverages new technologies such as blockchain, writes Daniella Skotnicki from Harneys.
Cayman has the opportunity to become a world leader in cryptocurrencies and associated technologies such as blockchain, says JS de Jager at Cayman Management, who argues to Cayman Funds that this burgeoning sector is no bubble.
The dynamic landscape that is the Cayman funds sector with all its opportunities and challenges was debated by a panel of executives and politicians at the annual Cayman Funds roundtable hosted by EY. Regulatory changes, competition and the potential of cryptocurrencies were hot topics.
The Cayman Islands continues to be one of the top 10 international financial centres in the world. A modern, flexible, yet robust regulatory framework, and collaboration with relevant stakeholders will help it maintain this position, says Cindy Scotland, managing director of the Cayman Islands Monetary Authority.
The Cayman Islands holds a leadership position in the funds sector—but to maintain this will require adaptability and innovation, says The Honourable Tara Rivers, JP, MLA, Minister for Financial Services and Home Affairs.
Colin MacKay of the Alternative Investment Management Association, Cayman, offers his perspective on the latest developments and performance of the alternative investment sector in Cayman.