Established jurisdictions newcomers challenged

Global Administration Round Table: Confronting a challenging environment

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“We are finding that Cayman-domiciled funds coupled with Irish servicing is still the leading fund structure for EMEA-based managers,” agrees Karen Tyrell at Citi. “This is testimony to the talent in Ireland and the legislation of the Cayman Islands.”

Don McClean at UBS believes Asia will continue to provide opportunities for hedge fund managers while other new centres will find their own niche. “In 2009, we anticipate an increase in demand for funds domiciled in more regulated jurisdictions suc