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Managing family wealth through a designated family office has become more popular in recent years. Family offices come in many different shapes and sizes. They can be set up as a single family office or as multi-family office and be based in a number of different jurisdictions across the globe.
The decisive criteria for the best structure and jurisdiction will depend on the particularities of each family and their asset structure. It will also depend on how to best implement asset protection mechanisms and succession planning. Historically, family offices have used trust or foundation structures, maybe combined with special purpose
The British Virgin Islands (BVI) have been the rightful home for some of the largest players in the digital assets space for many years now. The combination of a sophisticated public and private sector with a deep understanding of the industry, along with a stable regulatory environment have created the perfect foundation for even the most complex and intricate blockchain projects to thrive.
It is therefore unsurprising that virtual asset service providers now comprise a sizeable chunk of the approximately 400,000 corporate entities registered in the BVI. But the BVI’s contribution to the digital assets space also means it has
Hedge funds and private equity funds were traditionally considered to be two completely different alternative investment classes, but as managers and investors increasingly seek to take advantage of exposure to both asset classes, the industry has witnessed a significant rise in the popularity of hybrid funds.
“Such fund structures aren’t new – the concept has been around for quite a while now. However, in the last couple of years, we’ve seen an increased demand for them, as many managers wish to establish funds with flexible mandates that combine elements of both hedge funds and private equity,” says Eric Flaye, counsel,
Service providers operating in the British Virgin Islands (BVI) are witnessing a transformation in the type of work being carried out in the jurisdiction, as entities incorporated here are more active and engaged.
“The BVI was known as a high volume, low cost jurisdiction, but this is changing,” comments Mourant partner Ian Montgomery, who heads up the firm’s thriving finance, corporate and funds practice in the BVI. He continues: “The new entities being incorporated in the jurisdiction are a lot more active and tend to be more regulated than in the past. This is leading to more substance being seen
This past year we have seen a confluence of geopolitical tensions, climate crisis, macroeconomic shocks and other events that have created instability in the investment landscape.
Evidence has demonstrated that in times of crisis, investors must stay the course and look beyond the short-term volatility to areas of burgeoning opportunities. The British Virgin Islands (BVI) investment business and funds sector has proven to be a bright spot amid the crisis. The BVI continued to attract a range of funds and investment businesses from around the world. Investment business increased by 17% over the same period in 2021, and the number
Shanghai Banxia Investment Management Center, one of China’s top-performing macro hedge funds, believes that any pickup in the country’s consumer spending following the lifting of ‘Zero Covid’ measures, will be mild, making a stock market rally less likely than many investors are predicting, according to a report by Bloomberg.
Profits at Crispin Odey’s hedge fund business halved during the company’s last financial year ended 5 April, 2022, on the back of a sharp drop in performance fees, according to a report by Financial News.
Crossover hedge funds that invest in fast-growing public and private companies may have lost tens of billions of clients’ money last year, but that hasn’t deterred some managers from planning to bring more of them to market in the coming months, according to a report by Financial News.
The report cites unnamed sources as confirming that Patrick Fu,, who co-led Sequoia‘s hedge fund until October 2021 before leaving in March, is planning to raise as much as $1 billion for his new crossover fund, Los Angeles-based Dandelion Capital Management, with a Q3 launch targeted. Sequoia Capital Global Equities lost about 41%
Brazil’s top performing hedge funds have cut domestic wagers because of the country’s recent political problems and are instead betting on everything from a rally in crude prices, to short strategies for another slump in US stocks, according to a report by Bloomberg.
The storming of government buildings in the country’s capital last week by rioters who refuse to accept the result of presidential elections won by Luiz Inacio Lula da Silva, is the most obvious example of the country’s political tensions and informs many fund managers’ current ‘conservative approach’ to domestic risk.
The Asa Hedge fund, which topped all
xWIN Finance has launched an updated version of its robo advisor platform, xwin finance v2, on the Binance Smart Chain (BSC) and ethereum blockchain, which connects hedge funds and wealth managers to individual investors globally.
The platform enables hedge funds, or investors, to create their own decentralised fund based on their own risk preference through the xWIN Robo Advisor engine.
The update provides allows users to integrate an additional set of trading and DEFI strategies into their portfolios.
