Since the enactment of the Mutual Funds Law in 1993, the Cayman Islands has grown into the world’s leading domicile for hedge funds, capturing an estimated 70% of hedge fund registrations worldwide.
The vast majority of mutual funds set up in the Cayman Islands are for institutional and sophisticated clients. Four types of funds are offered under the Mutual Funds Law. The law provides flexibility in the area of investment objectives and fund structure while mandating full transparency to investor
The week on Risk.net, September 8-14, 2018Receive this by email