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Switzerland’s Hedge Fund Industry in 2020

In this, the first of two articles, MATTHEW FEARGRIEVE takes a look at Switzerland in 2020 as a centre of alternative asset management for single managers and managers of funds of hedge funds (FoHFs). Switzerland is the fifth largest global centre of alternative assets under management (AUM), after North America, the United Kingdom, Sweden and …

The Cayman Islands: OFC or secrecy jurisdiction?

With the publication this month by Tax Justice Network of their 2020 financial secrecy index, MATTHEW FEARGRIEVE considers the role of offshore financial centres (OFCs) in the sphere of global asset management, and challenges the four basic premises on which attacks on them are based. The NGO Tax Justice Network (TJN) has published its 2020 …

British Virgin Islands: Investment Funds

By Matthew Feargrieve 10 February 2020 1. BVI Investment Funds: Overview Investment funds domiciled in the British Virgin Islands (often referred to simply as “the BVI”) are regulated by the Investment Business Division of the Financial Services Commission (the “FSC”). The Investment Business Division is responsible for the regulation and supervision of securities and investment …