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.
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"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"
- Bono: U2