Topic: AIMA

Following trips to Hong Kong and Shanghai, Premier André Ebanks is visiting one of Cayman’s most important financial partners – Japan.

The association’s presence in Cayman coincides with a global boom in alternative investments that has turned the jurisdiction into a key centre for private funds and digital assets.

The Alternative Investment Management Association (AIMA) Cayman chapter collaborated with East End Primary school for their annual Back to School event held earlier this year at Door No. 4.

The Cayman Islands and the United States remained the top two jurisdictions for crypto hedge funds last year, despite losing market share.

Research by KPMG and the Alternative Asset Management Association finds that hedge funds have adapted well to the effects of the coronavirus pandemic with many firms continuing to hire and using technology to deal with the new business environment. Based on a survey of 144 hedge fund managers globally with an estimated $840 billion in assets under management, the report found that they have continued to make strategic hires, as the new decentralised nature of working creates opportunities for managers to reach outside of their normal captive locations in the search for new talent.

AIMA Cayman will be donating $50,000 to the R3 Cayman Foundation, which aims to support readiness, relief and recovery efforts in response to emergencies and disasters.