At the end of November the Cayman Islands' hedge fund industry passed a milestone with the registration of the 10,000th fund to be authorised by the Cayman Islands Monetary Authority since the passage

At the end of November the Cayman Islands' hedge fund industry passed a milestone with the registration of the 10,000th fund to be authorised by the Cayman Islands Monetary Authority since the passage of the Mutual Funds Law in 1993 paved the way for the islands to become the world's leading hedge fund domicile and a major centre for the servicing of alternative funds.