Some of the most senior men and women in the global hedge fund industry have put forward their collective vision of the hedge fund firm of the future in a major new report published today by the Alternative Investment Management Association (AIMA), the global representative of alternative investment managers.
The Cayman Islands Monetary Authority (CIMA) has released a public advisory on virtual currencies to warn of the risks associated with investments in initial coin offerings (ICOs) and virtual currencies and which set out some of the red flags potential investors should look out for to help identify potentially fraudulent ICOs.
Representatives from the Cayman Enterprise City (CEC), a special economic zone in the Cayman Islands, represented the Cayman Islands and its offering in this sphere alongside world leaders in cryptocurrency, government, capital markets, and technology at the World Tokenomic Forum Annual Summit of Members in May.
Cayman Finance has stressed that Cayman’s existing verified ownership regime remains superior to that of the UK in a response to a vote by the UK House of Commons to amend the proposed Sanctions and Anti-Money Laundering Bill to require public ownership registers in the Cayman Islands and other British Overseas Territories by December 2020.
Carey Olsen has appointed Matthew Crawford as a consultant in its Cayman Islands dispute resolution and insolvency practice.
Appleby has hired a former partner from Norton Rose Fulbright into its Dispute Resolution practice as a partner.
Escalating compliance costs and the need to hit the ground running with an infrastructure capable of attracting institutional investors are the biggest operational challenges for new fund launches in the current climate.
Thirteen years on from its inception, the GAIM Ops Cayman conference has flourished, despite the financial crisis and years of meagre returns which had left the hedge fund industry questioning its very role in financial markets.
The dichotomy of appealing to a wider population of investors and satisfying the demands of clients that want bespoke products is just part of the challenge for hedge fund managers and was discussed at length on Day One of GAIM Ops Cayman, which is taking place this week at the Ritz-Carlton in Grand Cayman.
The rapid rise of cryptocurrencies and digital assets captivated the agenda at the GAIM Ops Cayman conference, which is taking place this week at the Ritz-Carlton in Grand Cayman.