17 Jan 2014
Credit Suisse Hedge Fund Index up 1.19 per cent in December
The Credit Suisse Hedge Fund Index finished up 1.19 per cent for the month of December, with nine of the ten sub-strategies in positive…
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16 Jan 2014
Assessing the options under the AIFM Directive
By Susan Lock, Campbells – The Alternative Investment Fund Managers Directive (AIFMD) is extremely broad in scope. It applies to entities…
Should company benefactors be public knowledge?
By Richard Addlestone, Solomon Harris – In response to the push towards greater global transparency on beneficial ownership, the UK has…
Managers need to take a multi-adviser approach
Although the AIFM Directive is uniform EU-wide regulation each member state is likely to adjust its national private placement regime rules…
Cayman service providers adjust to the demands of global regulation
By James Williams – “In 2012, our voluntary application got approved by CIMA to have a regulated director services model, called DMS Fund…
Corporate governance growth brings challenges
By Colin MacKay, Ogier Fund Services – At its recent annual general meeting, the Cayman Islands Directors Association reported that new…
The SPC – A curious creature
“Personally I think the Segregated Portfolio Company (SPC) structure has the potential to become a nightmare,” states Mike Saville…
Meeting emergent regulatory challenges
By Ras Sipko, Chief Operating Officer of Koger – Regardless of the differences in their intent and emphasis, both the Alternative…
CIMA’s final Statement of Guidance
The Statement of Guidance on corporate governance for mutual funds (SoG) published by CIMA in December 2013 is one of the key regulatory…
Helping managers absorb rising costs
The one known unknown facing managers amidst increased regulation is the rising cost of doing business.But it’s not just managers facing…
Cayman funds ahead of the curve
By Tim Buckley (pictured) and Ed Pearson, Walkers – After spending much of the year in consultation with the industry, CIMA’s near-term…
Independent directors: considerations and queries
By Geoff Ruddick, IMS Fund Services – Independence – Independence is the ‘Holy Grail’ of effective corporate governance. If a director is…
The AIFM Directive is a ‘significant opportunity’
For UBS Fund Services, the AIFM Directive represents a significant opportunity to expand its business offering. As a global operation, it…
Cooperation with regulators improves reputation
By Colin MacKay – The 2007/8 global financial crisis continues to influence the environment within which the Cayman investment funds…
Corporate governance moves underscore commitment to global best practices
By James Williams – December 2013 proved to be a busy period for the Cayman Islands in terms of the development of its regulatory…