Applied Filters
Investing responsibly set to become the norm – if it can be defined and measured
Implementing a strategy that allows funds to invest responsibly and defines what this means for different funds and investors will only become more commonplace in the future, with a growing number of funds acknowledging that investors are asking them if they can report on this element of their activities.
Number of funds falls; assets under management increase
While the total number of funds domiciled in the Cayman Islands decreased slightly between 2015 and 2016, net assets under management increased as a result of asset appreciation. In 2016, the Cayman Islands maintained its position as the most popular destination for net asset value (NAV) calculation services.
EY adds new partner to Cayman team
EY Cayman has added a new partner. LaNishka Farrington-McSweeney has more than 17 years of audit and assurance experience in the financial services industry, including extensive expertise in the banking sector, anti-money laundering and regulatory issues.
AIMA signs MoU with China asset management body
The Alternative Investment Management Association (AIMA), the global representative of alternative investment managers, has signed a Memorandum of Understanding (MoU) with the Insurance Asset Management Association of China (IAMAC), a self-regulatory organisation for China’s national insurance asset management industry.
Harneys recruits two into banking and finance unit
Harneys has hired Nicole Pineda as a partner and head of banking and finance in its Cayman office.
Genesis Trust makes two senior appointments
Genesis Trust & Corporate Services has made two appointments. Marcus Parker and Dawn Howe both joined the team in January.
Cayman Finance appoints former Butterfield MD as chair
Cayman Finance has elected Conor O’Dea, the former managing director of Butterfield Group, as its new chairman at the recent annual members’ meeting.
AIMA publishes GDPR guidance for investment managers
Alternative Investment Management Association (AIMA), the global representative of alternative investment managers, has published a GDPR Implementation Guide to help members understand and comply with new EU-wide rules that come into effect on 25 May.
Carey Olsen adds to finance offering in the Cayman Islands
Offshore law firm Carey Olsen has expanded its finance practice in the Cayman Islands with the appointment of attorney Adam Bathgate as counsel.
Cayman Islands remains fund domicile of choice: IOSCO report
The Board of the International Organization of Securities Commissions (IOSCO) has published its Report on the Fourth IOSCO Hedge Fund Survey, which provides regulators new insights into the global hedge fund industry and the potential systemic risks this industry may pose to the international financial system.
