What they say about the British Virgin Islands

British Virgin Islands Supplement October 2010: Hedge fund ambitions


Simon Schilder, partner and head of the investment funds practice, Ogier
The BVI is a competitive and cost-effective jurisdiction for hedge funds, says Schilder. He believes the recently enacted Securities and Investment Business Act (SIBA) provides greater legal certainty for funds and promotes strong corporate governance while retaining the flexibility for which the BVI is known. He acknowledges the Cayman Islands’ position as the market leader for hedge fund business but says BVI has what it t

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