Investors increasingly want their investment managers to embrace environmental, social and governance (ESG) standards in the way but exactly what this means and how it should be applied is still inconsistent, a panel of experts told delegates at the annual Cayman Alternative Investment Summit (CAIS), being held in Grand Cayman this week.
Hedge funds globally have allocated at least $59 billion to responsible investment (RI), according to a survey by the Alternative Investment Management Association (AIMA), the global representative of the alternative investment industry, and the Cayman Alternative Investment Summit (CAIS).
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.
Cryptocurrency funds and initial coin offerings (ICOs) are exploding in popularity in the Cayman Islands. The GAIM Ops Cayman conference, which is taking place this week at the Ritz-Carlton in Grand Cayman, devoted a significant amount of time on the agenda to this hot market, but for independent directors looking to get comfortable with these funds, there is still a great deal of work to do and some big questions to answer.
The Alternative Investment Management Association (AIMA), the global representative of alternative asset managers, has published a position paper entitled ‘Brexit and Alternative Asset Managers: Managing the Impact’.
Butterfield has completed its acquisition of Deutsche Bank’s Global Trust Solutions business outside of the US. The portfolio consists of some 1,000 trust structures for approximately 900 clients.
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.
Hedge funds globally were up 0.24 percent during the month of November, with 2017 year-to-date returns coming in at 7.19 percent. What’s more, they are on track to post 12 consecutive months of gains in an annual year for the first time on record since 1999, according to the Eurekahedge Hedge Fund Index.
The world’s largest 100 alternative asset managers saw assets under management increase by 10 percent in 2016, rising to $4 trillion, according to the 2017 edition of Willis Towers Watson’s Global Alternatives Survey.
The International Organization of Securities Commissions (IOSCO) has published a consultation paper titled Recommendations of Liquidity Risk Management for Collective Investment Schemes, which seeks to address structural vulnerabilities arising from asset management activities.