The size of the global private credit market is on course to break the $1 trillion mark by 2020, according to a research by the Alternative Credit Council (ACC), the private credit affiliate of the Alternative Investment Management Association (AIMA).
Trust and corporate services provider SMP Partners is to buy the book of business and certain staff of Cayman National Trust, Cayman National Corp.’s wealth management portfolio.
Portfolios that include managed futures funds perform better and reduce more risk than those without them, according to research published by the Alternative Investment Management Association (AIMA), the global representative of alternative investment managers, and Societe Generale.
The Cayman Islands Monetary Authority (CIMA) has appointed Rayford Britton as deputy head of its policy and development division.
Offshore law firm Appleby has announced five promotions including two in the Cayman Islands.
As part of continuing efforts to improve the international tax framework, the OECD has released the first analysis of individual country efforts to improve dispute resolution mechanisms.
The Cayman Islands Monetary Authority (CIMA) has promoted Kieron Cacho as chief analyst in the banking supervision division, and Harlee Hurlston as senior analyst in the investments supervision division.
Law firm Ogier has promoted two within its investment funds partnership team in Cayman.
Collas Crill has appointed experienced litigator Jennifer Colegate to its dispute resolution team in Cayman.
A new peer review report by the OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes has rated the Cayman Islands as ‘largely compliant’ with the international standard – a ranking welcomed by Jude Scott, CEO of Cayman Finance.