Home Topics Hedge funds

Topic: hedge funds

Hedge Funds Care helps fight child abuse

For the 10th year, members of Cayman’s hedge fund and financial services communities will show their generosity at the “Open Your Heart for Children Benefit” on Nov. 29 at the Ritz-Carlton, Grand Cayman.

Negative hedge fund returns in October

Hedge funds posted a second consecutive month of negative returns in October.

Cayman charities: Opening our hearts — and wallets

The efforts of "Marathon Man" Derek Haines and supporters may be the singular act of charity this year, but they aren't the only people in Cayman in a persistent "giving mood."

Hedge funds saw $13 billion redemptions in Q3

Hedge funds returned 0 percent in September but still outperformed equities such as the MSCI World Index

Business in brief

A round-up of local business news.

Hedge funds rebound with gains in August

Hedge funds were up 1.36 percent in August with performance-based gains of approximately US$5.5 billion.

Hedge fund performance dipped in July

Hedge fund performance was down in July as the Eurekahedge Fund Index dropped 0.12 percent.

Women’s rights activist to speak at Harquail

100 Women in Hedge Funds will host a women’s rights activist and documentary producer for its next fundraiser for the local crisis center.

Hedge funds finish strongly in second quarter 2014

On a year-to-date basis, hedge funds are up 3.16 percent but still underperform equity markets.

Hedge fund women help Crisis Centre

The 100 Women in Hedge Funds organisation has raised over US$26,000 for the Cayman Islands Crisis Centre to assist Cayman's vulnerable women and children

Global hedge funds exceed US$2.1 trillion in May

Global hedge funds continued to attract new capital in May as they crossed the US$2.1 trillion mark, following the fourth consecutive month of net capital inflows.

Business in brief

Business in brief.

DMS expands European operations

Fund governance firm DMS Offshore Investment Services is expanding its operations in Europe.

CIMA appoints new head of investments and securities

Heather Smith has been named head of the Investments and Securities Division of the Cayman Islands Monetary Authority, following the resignation of Yolanda McCoy.

US Fed study: Hedge funds amplify systemic risk

Hedge funds may amplify systemic risk more than previously thought.

Business in brief

Business in brief.

Uncertainty, volatility to drive hedge fund success

Hedge funds professionals may be overly optimistic about the future of the industry, but prevailing market conditions will ensure the funds’ future success, delegates at the GAIM Ops conference heard Tuesday.

Hedge funds attract more than US$30B in first quarter

The industry attracted US$32.6 billion in net asset inflows over the period with the main capital allocations going to North American managers.

Business in brief

Business in brief Wednesday April 2, 2014.

Fund of funds outperformed single managers last year

Funds of hedge funds outperformed single managers in 2013 for the first time ever, according to data provider Eurekahedge.

Business in brief

A roundup of local business news.

Former SEC top brass come to Cayman

Four former commissioners of the Securities Exchange Commission, who were at the SEC during the financial crisis, will speak for the first time at a conference in the Cayman Islands in March.

Associations commend government on finances

Both Cayman Finance and the Chamber of Commerce have emphasized the improving state of government finances in the Cayman Islands.

Business in brief

Business in brief.

Cayman Finance holds international tax seminar

Cayman Finance will host another seminar about international tax developments Thursday, Jan. 23.

Hedge funds gain $228 billion in 2013

In 2013 total hedge fund assets grew by US$228.8 billion the fastest annual growth on record since 2007.

Hedge Fund Association selects Cayman directors

The Hedge Fund Association has appointed Christina Bodden and Colin Nicholson as co-directors of the association’s Cayman Islands Chapter.

New Bermuda fund offering raises Cayman fee issue

A new low cost fund with a fast track registration process in Bermuda is not going to threaten Cayman’s leading position in funds just yet

Agreement paves way for marketing Cayman funds

The Cayman Islands Monetary Authority has signed a memorandum of understanding with the German financial services regulator.

Business in brief

Business in brief.

Hedge Funds Care: A grand gala for a most-worthy cause

In one of Grand Cayman’s most anticipated fundraising events, hundreds of Cayman’s most generous paid $1,000 each to attend a gala affair Saturday evening at the Ritz-Carlton to benefit Hedge Funds Care.

Fraser inspires next generation to make a splash

Brett Fraser is in strict training in New York for his next big meet in a few weeks where the weather seems to turn chillier every day.

Hedge funds face challenge of mounting compliance costs

More than a third of hedge fund managers with less than $250 million in assets under management said compliance requirements consume more than 10 percent of their total operating costs.

Cayman and Austria sign pact

Cayman has now signed 26 MOUs with European countries as a condition for the continued marketing of Cayman Islands hedge funds throughout the European Union.

Accredited directors honored; demand for course grows

The Cayman Islands Directors Association hosted an awards ceremony at Karoo, Camana Bay, for 45 Cayman Islands’ directors who successfully completed the Directors Accreditation Course held in May.

Rickards says global economy needs structural solutions

The economy is currently in the midst of a depression that will continue indefinitely because the policymakers are using the wrong tools to address the underlying structural problems, according to James Rickards, senior managing director at Tangent Capital and author of the bestseller “Currency Wars: The Making of the Next Global Crisis.”

Editorial for October 9: A prudent budget: Meeting expenses, paying down debt

The government's budget appears to be great, but let's take a closer look.

Analysts stage investment forum

The CFA Society Cayman Islands will hold its first Investment Forum on October 17 at the Grand Cayman Marriott Beach Resort.

Business in brief

Business in brief.

National Trust facing extinction?

The National Trust, overseer of blue iguanas, a dozen historic properties and fully 5 percent of the land mass of the Cayman Islands, is slowly going broke.

Hedge fund numbers positive, thanks to growth in master funds

Master funds have increased by 41 per cent over the past year.

Smaller managers dominate market

Smaller funds are the most common type of Cayman-registered funds. Most of the managers of Cayman hedge funds are based in North America.

Five European countries still to enable marketing of Cayman funds

Five member countries of the European Securities and Markets Authority have not yet signed an agreement with Cayman enabling the marketing of Cayman funds.

Business in brief

Business in brief.

Business in brief

Business in brief.

EU directive places Cayman funds at a competitive disadvantage

The European Alternative Investment Fund Managers Directive puts non-EU managers and their funds at a disadvantage compared to EU-based alternative investment funds by restricting full access to the European market until 2015

ACCA study: Investors have lost trust in company reports

A sizeable majority of investors say they place more value on information generated from outside a company than on traditional corporate reports.

CIMA inks deals with European securities market regulator

Agreements will facilitate the marketing of Cayman hedge funds in the EU.

Hedge Funds Care Cayman grant supports Crisis Centre

Hedge Funds Care Cayman has again partnered with the Cayman Islands Crisis Centre as major sponsors of the Children and Youth Programme.

Positive returns but hedge funds trail equity markets

Hedge funds posted positive returns in April for the sixth straight month but the average US hedge fund performance lagged behind the US equity markets.

Financial services stats remain mixed

The number of funds and banks in the Cayman Islands is decreasing, but captive insurance, company, partnership and trust registrations grew in the first quarter of 2013

Child sex abuse reporting on the rise

The Deparatment of Children and Family Services received as many reports of child sexual abuse in a little over the first four months of this year than it did for the entire of last year.

Court asked to block CIMA’s corporate governance consultation

A company affiliated with DMS Management, one of the largest providers of director services has filed an application with the Grand Court alleging that the private sector consultation process used by the Cayman Islands Monetary Authority to reform corporate governance of fund directors and director services providers is flawed.

Inaugural 100 Women in Hedge Funds Cayman event launches

Cayman's inaugural 100 Women in Hedge Funds event will be held at the Westin Casuarina Resort this month.

Candidates support Turtle Farm

The Chamber of Commerce held its West Bay candidate forum on Wednesday night.

CIDA offers additional directors accreditation course

The Cayman Islands Directors Association will run an additional Directors Accreditation Course in May 2013.

Ignition, Oyster Consulting join to help with FATCA preparations

Ignition, a leading provider of GRC software solutions, and Oyster Consulting, an expert regulatory and compliance consultancy firm, are pleased to announce a strategic partnership to deliver solutions and services to the offshore financial services market.

Amendment paves way for AIFMD compliance

To facilitate the marketing of Cayman hedge funds in the European Union, the Cayman Islands government has passed an amendment that allows the jurisdiction’s regulator to enter into memoranda of understanding with its EU counterparts

Brac students get financial services intro on Career Day

Over 140 students from the Layman E. Scott High School in Cayman Brac received an introduction to Cayman’s financial services industry in last month.

Offshore Alert puts Cayman hedge funds under spotlight

Should fund directors be regulated, how many hedge fund directorships are too many and should the number and name of each person’s directorships be transparent or concealed from investors are some of the questions that will be addressed by a session at the Offshore Alert conference in Miami Beach in May.

SAC affiliate pays $600M to settle trading charges

Two affiliates of SAC Capital Advisors, the hedge fund run by billionaire Steven Cohen, will pay more than $614 million in what federal regulators are calling the largest insider trading settlement ever.

Gov’t, Cayman Finance attend Brazil Hedge Fund Forum

In a joint partnership with the Cayman Islands government’s Ministry for Financial Services, Cayman Finance will be co-sponsoring the 3rd annual Hedge Fund Brazil Forum, scheduled to take place on the 18 and 19 March in Rio de Janeiro.

Business in Brief

Business in brief stories

Marketing association holds year’s first training seminars

The Caymans Islands Marketing Professional Services Association (CIMPA) recently held its first official training events for 2013.

SEC enforcement seminar scheduled

Mourant Ozannes, in collaboration with international law firm Shearman & Sterling, will host a regulatory and SEC enforcement seminar on Friday 15 February from 2pm to 5pm at the Westin Casuarina Resort in Grand Cayman.

CIDA supports FATCA Model 1 intergovernmental agreement

A member survey by the Cayman Islands Directors Association on the implementation of FATCA showed overwhelming support for conclusion of a Model 1 intergovernmental agreement.

Investor pressure to continue for hedge fund industry

Offshore law firm Walkers expects significant activity in the hedge funds market for 2013 as large investors return to the market.

Business in brief

Business in brief.

Industry offers support for CIMA governance initiative

Richard Coles, chairman of Cayman Finance, has called on the industry to give their full support to a recent initiative announced by the Cayman Islands Monetary Authority to enhance the industry’s corporate governance framework.

Jude Scott running in GT

Jude Scott has announced that he is a candidate for George Town in the May elections in the Cayman Islands.

CIMA plans new database, corporate governance changes

The Cayman Islands Monetary Authority is proposing to develop a searchable, public database of licensed and registered entities to facilitate the due diligence process for investors.

Marketing association holds financial services seminars

The Cayman Islands Marketing Professionals Association will host two seminars on Wednesday, 30 January on the financial services industry.

This week