Besides the Data Protection Law, 2017, which was gazetted on 5 June 2017 and is expected to come into force in January 2019, the main regulatory development, in terms of its impact on Cayman regulated hedge funds, is The Monetary
Despite a strong start to the year, which saw Q1 2019 average hedge fund performance hit +5.34 per cent, investors continued to pull money from the sector, redeeming an estimated USD13.69 billion in March, according to the March 2019 eVestment
Middle East alternative asset management firm Gulf Capital has successfully closed a new long-term AED500 million syndicated revolving credit facility from its existing lenders. The new four-year facility will boost the firm’s liquidity and help it maintain its strong investment
IMS (International Management Services Ltd) is one of the leading providers of directorship services in the Cayman Islands. Its directors bring a wealth of experience to the funds they represent. One area of corporate governance that has become increasingly pertinent relates
Changes to beneficial ownership – The Companies Law and the Limited Liability Companies Law of the Cayman Islands (Regime) requires certain Cayman Islands corporate entities (each a company) to maintain a beneficial ownership register (Register) at their relevant registered office,
OKEx, a Malta-based digital asset exchange, has launched Cosmos (ATOM), a Proof-of-Stake cryptocurrency based on the Tendermint consensus protocol, on its spot trading market. With a total supply of 236,355,290 ATOM, deposits of ATOM will be opened from 7:30 Apr
The Chartered Alternative Investment Analyst (CAIA) Association, a global leader in alternative investment education, is marking the successful first year of its ‘stackable credential program’, which allows a limited number of qualified members of CFA Institute to move directly to Level II of the rigorous two-part CAIA exam.
big xyt’s analytics platform has been extended to include Transaction Cost Analysis (TCA). Post-trade TCA is transitioning from just a compliance solution to being seen as a crucial business function and big xyt is transforming the traditional view of TCA
With the global financial crisis of 2008 now a decade in the past, much has changed in terms of how offshore private funds are governed and monitored. The highly publicised Weavering case in 2009 brought the role of fund directorships
By Chris Humphries, Stuarts Walker Hersant Humphries – Blockchain technology offers an exciting, unprecedented and innovative opportunity for the Cayman Islands investment funds industry. Whilst cryptocurrencies (such as Bitcoin) have been around for a number of years, we are now
