SMP Group, which provides a range of fund services globally, has announced a management buyout, as part of a planned leadership succession process, backed by Palatine Private Equity. The MBO is subject to regulatory approval.
The Cayman Islands Monetary Authority (CIMA) has appointed a new head of securities in its Supervision Division.
The Alternative Investment Management Association (AIMA) has launched a new guide that sets out best practices for hedge funds when it comes to outsourcing. The guide will provide investment managers a global perspective when thinking about their own best practices.
The Eurekahedge Hedge Fund Index rallied 2.22 percent in January, supported by the global equity market rally which resulted from the Fed's dovish stance and optimism over potential progress in the US-China trade talks.
Bridgewater Associates again topped the list of the best performing hedge funds in 2018, according to the latest annual ranking by LCH Investments, in what was a tough year generally for the industry.
Hedge funds remain a valid part of institutional investment portfolios, but they must also adjust their structures, be more transparent about fees and be more creative around the products they offer, according to a report by Willis Towers Watson.
The Cayman Islands has the potential to grow its reinsurance sector and set itself apart in terms of its offering and regulatory regime, a panel of experts told delegates at the annual Cayman Alternative Investment Summit (CAIS), being held in Grand Cayman this week.
Investors are increasingly paying close attention to the issue diversity and fund managers are having to respond by adopting new strategies and approaches in their own organisations – but those that get it right are also reaping the rewards, Alfred Fichera, global head of alternative investments at KPMG, told Cayman Funds Magazine.
So-called impact investing represents a natural evolution from environmental, social and governance (ESG) standards and will play an increasingly central role in the alternative investment sector especially once a framework or set of standards is developed for how to measure it, Tony Cowell, partner KPMG and chairman of CAIS 19, told Cayman Funds Magazine.
The conversation around blockchain has evolved with investors much more interested in other potential uses of the technology as opposed to its application to the development and use of cryptocurrencies Tony Cowell, partner KPMG and chairman of CAIS 19, told Cayman Funds Magazine.