It has long been accepted that risk management is a core competency for generating absolute returns within a hedge fund strategy. Prior to the market downturn, hedge fund managers were able to diffuse investor requests for greater transparency in risk-management practices. However, investors, directors and regulators have been startled by the scope and magnitude of losses resulting from the market downturn and credit crisis, as well as recent breaches of fiduciary trust.
Paul Michael Jenkins, senior Investment Advisor with Bateman and Company Ltd continues his series of articles focusing on investment trends for the difficult year...
Review of the Caribbean Regional Compliance Association Conference held 10-11 November 2008 at the Hyatt Regency Port of Spain in Trinidad.While it’s in some views a true Caribbean success story, an offshore darling that’s skyrocketed to a prominent position in global banking, the Cayman Islands still bears a weighty albatross on its shoulders.
As the Cayman Islands Financial Services Association (CIFSA) celebrates its 5th anniversary as the central voice of the financial services sector in the Cayman Islands, it is only appropriate that we examine the work being performed by this association that represents such an important part of the Islands’ economy and discuss their vision for the future of the industry here.
As the Baby Boomers age, finding ways to earn passive income has become more important. Many of them are ready to retire from their regular jobs and have been looking to supplement pensions, retirement accounts and Social Security to enable them to retain their usual lifestyle.
The agenda provided diverse, entertaining and educational sessions. Key note speakers Mr. James Bradley (author of “Flags or Our Fathers” a bestseller and a 2007 motion picture directed by Clint Eastwood, and son of John Bradley, one of the six boys who raised the American Flag on Iwo Jima in one of the most reproduced photographs in history) and Mr. Robert Stutman (former special agent with the US Drug Enforcement Administration)
As the newly elected Alternative Investment Management Association Cayman executive council gathered for their first meeting and a discussion on the state of current issues ensued, it quickly became apparent that the group had its work cut out.
The Cayman Financial Review sponsors various Cayman related financial industry sector Conferences. The Cayman Financial Review will regularly review these and other conferences and provide in depth conference information on recent and pending conferences.
Typically an investor has to give prior notice of their intention to redeem their investment. The period of notice may vary depending on the nature of the funTypically an investor has to give prior notice of their intention to redeem their investment. The period of notice may vary depending on the nature of the fund and the assets that it has invested in.d and the assets that it has invested in. The redemption process is one of the major challenges currently facing...