On or offshore? Pros and cons

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On or off? This is a moot question given the recent attacks on, misunderstanding of and bad press for offshore locations. All of this has combined to make many hedge funds nervous of being associated with any offshore location. At the same time the majority of funds continue to use the traditional model of Cayman Islands domicile, Irish fund administration and London or US-based managers. How long this will continue and what, if any, impact regulation will have on this pattern is an open questio