Despite problems and a massive loss of jobs over the past few years, Cayman’s fund administration business is not in terminal decline. However, there is no room for complacency and there is a need for some positive moves if the government is to reverse the trend.
Although it is true Cayman has lost a few hundred jobs to an exodus by fund administration services to lower-cost countries with abundant job pools, the industry itself has also changed. The financial crisis, in which hedge funds and fun
The week on Risk.net, July 14–20, 2017Receive this by email