The Cayman Islands remains the premier jurisdiction for the domiciliation of Hedge Funds.
As of June 30, 2017, the Cayman Islands Monetary Authority had 10,621 Regulated Funds, which comprised of 7,348 Registered Funds, 344 Administered Funds, 88 Licensed Funds and 2,841 Master Funds.
In addition, there are 103 Administrators currently licenced with the Cayman Islands Monetary Authority.
The quality of service provided in the Cayman Islands by its expert teams of administrators, lawyers, accountants and independent directors is unrivalled anywhere in the world.
Located 480 miles south of Miami, the Cayman Islands is a major success story in the global financial marketplace. Ideally positioned between North and South America, Cayman has successfully built its reputation as an international financial centre to provide a firm foundation for a stable economy, affording one of the highest standards of living in the Caribbean.
Development of Cayman’s financial industry began over 30 years ago when the government enacted framework legislation for the provision of a wide range of financial services. Innovation has followed innovation and the industry has grown significantly, facilitated by the government’s forward-looking laws and policies, many of which have served as models for legislation in other jurisdictions.
The health of the global hedge funds industry can be gleaned from the Investment Statistical Digest; an annual publication of the Cayman Islands Monetary Authority that offers aggregate statistical data collated from the Funds Annual Returns filed by all Regulated Funds. The current Investment Statistical Digest is now available here. Preliminary data shows a slight increase in net assets value, increasing from USD 3.47 billion in 2014 to USD 3.575 billion in 2015.
Analysis of the top 10 Investment Manager locations indicates that there has been a shift in the Net Assets by the location of the Investment Manager. The Top 5 locations remained constant with Delaware (US$1,842 billion) in the top spot followed by New York (US$750 billion), California (US$251 billion), Connecticut (US$144billion) and Massachusetts (US$84 billion).