The nature of hedge fund administration has changed over the years as technological developments have made it less important where the administrative work for hedge funds is actually done. For locations with a history of expertise and experience in administration, such as Bermuda, this creates particular challenges.
The repeal of the '10 Commandments' law (in 1998/99) also had a major impact on Bermuda. Previously, certain SEC and tax guidelines ensured no administration business of hedge fun
The week on Risk.net, July 7-13, 2018Receive this by email