Cayman Islands is Top Hedge Fund Domicile
In the recent Hedge Funds Review’s Service Provider Rankings, the Cayman Islands was named as the most favoured hedge fund domicile.
The survey revealed that the Cayman Islands is the most favoured domicile in terms of the quality of service provided by local practitioners. The Cayman Islands was ranked as the top domicile by 52.9% of the survey respondents.
The jurisdiction is followed by Luxembourg and Ireland.
The results of the survey were based on the opinions of more than 1 000 hedge funds, funds of hedge funds and investors who invest into hedge funds, or asset managers allocating to hedge funds and funds of hedge funds.
The Chairman of Cayman Finance, Richard Coles, welcomed the findings of the survey, saying: “It is welcome yet unsurprising news that the Cayman Islands was named the most favoured domicile in the recent Hedge Funds Review’s Service Provider Rankings. The survey underscores Cayman’s ongoing relevance in the worldwide financial industry and role as a key player in the funds industry in particular.”