The Alternative Investment Management Association (AIMA) has published a new edition of its flagship due diligence questionnaire (DDQ), 20 years after the first “AIMA DDQ” helped to standardise the due diligence process for alternative investment managers and investors.
Cayman Finance has issued a response to an Open Society Foundations-funded report on International Financial Centres issued last week by US PIRG and the Institute on Taxation and Economic Policy.
The Cayman Islands Foundation Companies regime came into force on Thursday, 19 October following the Gazettal of The Foundation Companies Law, 2017 (Commencement) Order, 2017; and the publication of related fee regulations.
Cayman Finance was at the heart of the Cayman Island’s response to the media frenzy that followed an illegal data theft involving the financial information of tens of thousands of people and businesses – some of which have operations in the Cayman Islands.
Hedge funds gained 1.32 percent during the month of October. Meanwhile underlying markets, as represented by the MSCI AC Word Index (Local), gained 2.56 percent over the same period, according to the Eurekahedge Hedge Fund Index.
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.