Clients are reminded of the following important filing dates for Financial Institutions (FIs) under the CRS and FATCA Regime and Economic Substance regime filings with the Tax Information Authority in the Cayman Islands. Additionally, clients are...
According to data provider Eurekahedge, Hedge funds were up 1.59 percent in February 2015, the second consecutive month of gains this year and the size of the hedge fund industry globally grew by US$125.9 billion in 2014.
This is good news for the industry but it is still significantly lower than the growth seen in 2013 when assets under management grew by US$240.4 billion. This data also shows that on average, funds returned 4.46 percent in the first 11 months of 2014 compared with the 8.76 percent return of the Eurekahedge index in 2013.