Cayman Islands supplement 2011
Source: Hedge Funds Review | 30 Apr 2011
Categories: Hedge Funds
Topics: Statistics, Cayman Islands, Jurisdiction, Domicile, Mutual funds, Fund administration, Cayman Islands Monetary Authority, Offshore, International financial centre
Statistics and facts about Cayman's hedge funds industry giving the latest numbers for registrations of funds and administrators as well as Cayman's position as an international finance centre.
After sustained attacks on offshore financial centres, Cayman Islands' financial services sector is in confident mood and expects to continue to dominate as the domicile of choice for hedge funds.
The latest statistics on the jurisdiction show Cayman maintaining its dominance as the main domicile for hedge fund vehicles. However, the figures also reveal a downturn in the number of fund administrators working in the jurisidiction.


|
Top 10 offshore centres in GFCI 9 |
||||||
|
|
GFCI 9 rank |
GFCI 9 rating |
GFCI 8 rank |
GFCI 8 rating |
Change in rank |
Change in rating |
|
Jersey |
23 |
624 |
=22 |
626 |
Down 1 |
Down 2 |
|
Guernsey |
27 |
607 |
26 |
616 |
Down 1 |
Down 9 |
|
Isle of Man |
35 |
590 |
32 |
598 |
Down 3 |
Down 8 |
|
Hamilton |
36 |
589 |
=34 |
592 |
Down 2 |
Down 3 |
|
Cayman Islands |
=38 |
587 |
=34 |
592 |
Down 4 |
Down 5 |
|
British Virgin Islands |
40 |
584 |
=40 |
582 |
No change |
Up 2 |
|
Monaco |
51 |
562 |
49 |
567 |
Down 2 |
Down 5 |
|
Gibraltar |
=56 |
546 |
=55 |
554 |
Down 1 |
Down 8 |
|
Malta |
=59 |
538 |
=55 |
554 |
Down 4 |
Down 16 |
|
Mauritius |
62 |
533 |
61 |
535 |
Down 1 |
Down 2 |
|
Bahamas |
67 |
517 |
64 |
529 |
Down 3 |
Down 12 |
|
The Global Financial Centres Index March 9, 2011 |
||||||
|
Mutual funds licensed or registered |
||||
|
Period |
Registered |
Administered |
Licensed |
Total |
|
2003 |
4,168 |
592 |
48 |
4,808 |
|
2004 |
5,249 |
616 |
67 |
5,932 |
|
2005 |
6,429 |
598 |
79 |
7,106 |
|
2006 |
7,481 |
548 |
105 |
8,134 |
|
2007 |
8,751 |
543 |
119 |
9,413 |
|
2008 |
9,231 |
510 |
129 |
9,870 |
|
2009 |
8,944 |
448 |
131 |
9,523 |
|
2010 |
8,870 |
435 |
133 |
9,438 |
|
2011 first quarter |
8,707 |
426 |
128 |
9,261 |
|
Source: Cayman Islands Monetary Authority |
||||
|
Mutual fund administrators licensed or registered |
||||
|
Period |
Full |
Restricted |
Exempted |
Total |
|
2003 |
82 |
103 |
10 |
195 |
|
2004 |
83 |
83 |
7 |
173 |
|
2005 |
87 |
61 |
7 |
155 |
|
2006 |
91 |
57 |
5 |
153 |
|
2007 |
95 |
52 |
5 |
152 |
|
2008 |
102 |
49 |
4 |
155 |
|
2009 |
97 |
42 |
2 |
141 |
|
2010 |
94 |
38 |
2 |
134 |
|
2011 first quarter |
94 |
38 |
2 |
134 |
|
Source: Cayman Islands Monetary Authority |
||||
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