Future of Offshore Funds Special Report 2009

 At the end of September Ifina organised seminars for industry professionals in Zurich and Frankfurt to highlight some of the key lessons to emerge from the events of the past 18 months. »

In an environment in which investors are less willing to take the honesty, investment expertise and operational efficiency of fund managers at face value, the interaction and collaboration of independent service providers is more crucial than ever to maintaining the appeal of offshore funds to institutions and other sophisticated investors, according to speakers at recent seminars in Zurich and Frankfurt on the outlook and opportunities for the industry in the wake of the financial crisis of the past two years. »

One of the guiding principles that has made the BVI the globally respected financial centre it is today is partnership between the private and public sectors. A close spirit of collaboration has enabled the jurisdiction to the requirements of an ever-changing global financial services industry. »

 The financial crisis and the Madoff scandal have subjected the fund industry to unprecedented scrutiny. »

 The economic meltdown of the past two years has seen unprecedented redemptions from funds and other investments and a rush to liquidity - bringing to light a string of scandals including frau »

The offshore fund sector, from managers and their service providers to the world’s leading offshore domiciles, has not been left in disarray by the economic and financial crisis that began mo »

For fund managers and promoters, banking and administration are key functions that impact directly on the day-to-day administration of the fund. »

The economic slump and financial market turbulence of the past two years has focused the attention of investors on the benefits offered by managed futures strategies, which have not only delivered »