Hedge funds are in great demand in the Cayman Islands and are proving extremely popular with high net worth individuals due to flexible regulation
The Cayman Islands continues to be a domicile for institutional-type investment products. There are few retail products available from the Cayman Islands and the private client business is undergoing some changes. Hedge funds remain the biggest growth area. Institutional products are experiencing the highest growth right now, says David Titcombe, Caribbean head of private banking at Ansbacher. Cayman's financial industry can be split in two ' comprising institutional and private clients. Private client products include private banking services, trust and company management (for tax ...
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