Domicile Hedge Funds
Eighty percent of the world’s hedge funds worth US$800 billion are domiciled in the Cayman Islands.
Hedge funds have been attracted to the Cayman Islands due to their balanced regulatory framework (which recognises the purchasers of hedge funds are sophisticated investors), absence of unnecessary licencing provisions, and significant flexibility with regard to investment objectives, risks, and structures.
Similar posts you may like
- Isle of Man | Tax Haven
Capital city: Douglas Currency: Manx pound (official) Read more
- Belize
Capital city: Belmopan Currency: Belize dollar Read more
- Asset Protection
The Cook Islands claims to be the first country to have enacted an explicit asset protection law (in 1989 with its International Trusts Act). Read more
- Money Laundering Using Tax Havens
Money laundering is the process of transforming the profits of crime and corruption into ostensibly ‘legitimate’ assets, and the hiding of income/wealth from Governments Read more
"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"
- Bono: U2