Cayman Islands pushes positive role of international financial cetres

The Cayman Islands remains the preferred domicile for hedge funds despite a backlash against offshore financial centres. The government is now promoting Cayman’s contribution to the world economy.

There may be more clarity regarding onshore regulation of hedge funds, but offshore centres are still battling for survival. Among these jurisdictions the unquestioned leader for hedge fund domiciliation is the Cayman Islands.

Its reputation as the most favoured home for hedge funds remains intact, despite repeated attacks in the wake of the financial crisis and the push – mainly from Europe – for onshore domiciliation of fund structures.

Hedge fund managers and their investors have continued to