Consulting firm EY announced that this year’s Global Alternative Funds Symposium in Cayman will be held on 12 Dec. at the Kimpton Seafire Resort and Spa.
The event is part of the EY’s annual symposium series, which is hosted in 15 financial centres worldwide and attended by more than 3,500 senior executives from asset managers and service providers.
Representatives from hedge, alternative and private equity funds will discuss key issues such as changing investor preferences, the importance of talent management in alternatives, the current business environment and innovation in the asset management industry, according to a press release.
Michael Hyatt, a so-called serial entrepreneur, self-made millionaire by age 25 and business commentator on Canada’s CBC News Network, will offer his perspective on the alternative funds industry and the challenges and opportunities ahead.
In addition to the keynote, panels will discuss developments in the alternatives space, ESG (environmental, social and governance) investing, the regulatory environment and a fireside chat featuring Minister of Education Juliana O’Connor-Connolly.
“This year’s EY Global Alternative Fund Survey found that overall allocations to alternatives have remained constant since last year, but investors are shifting investments between different alternative asset classes,” said Jeffrey Short, EY partner and regional wealth and asset management sector leader.
“To address this, managers are offering new investment vehicles and products to grow their businesses and address investor concerns. This requires significant business transformation – ranging from implementing new technology to support processes or hiring people with different skills to support innovation,” he said. “I look forward to this event each and every year because we’re excited to be at the forefront of this evolving industry and providing value to our clients by advising on various industry trends.”