Cayman Islands

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Aspect launches Cayman domiciled version of systematic global macro programme

Systematic investment manager Aspect Capital has launched of a Cayman-domiciled fund providing investors with access to the Aspect Systematic Global Macro Programme.

Cayman court ruling highlights areas of concern for custodian and fund administrators

A Cayman fund has lost its $2bn suit to recover Madoff related losses from its custodian and administrator.

Italy puts Cayman on white list paving way for increased investment through alternative fund structures

Italy has now included Cayman Island funds on its white list. This means Cayman funds will be free to invest in Italian securities such as bonds and securitisation instruments and receive interest payments gross of withholding tax.

Esma inches closer to extending AIFMD fund passports to non-EU alternative investment funds and managers

The European Securities Markets Authority (Esma) has issued its advice on the extension of the alternative investment fund managers' directive (AIFMD) passport to investment fund managers and investment funds based in 12 non-EU countries.

Offshore private equity transaction activity in 2015 set for five-year record

Offshore private equity transactions are set to hit a five-year high as investors scramble for a limited supply of companies that has boosted valuations, says a report from offshore law firm Appleby.

India changes offshore investment rules for alternative funds

The decision by India's market regulator to raise the amounts that local alternative funds can invest in offshore funds has been welcomed by participants.

EU securities market authority recommendation to extend fund marketing passport disappoints many

The European Securities and Markets Authority (Esma) has decided to recommend extension of the coveted AIFMD marketing passport to only three non-EU jurisdictions. Several countries are less than happy with the decision.