Offshore centres are seeing the continual fallout on the funds industry from the market collapse but differing approaches have emerged from the BVI and Cayman Islands. Andrew Thorp and Thomas Williams report
We are now over two years on from the onset of the liquidity crisis, but many hedge funds remain suspended, with investors unable to access their investments through redemptions while fund managers seek to realise residual portfolio assets in difficult markets. Inevitably, some investors have lost patience with the process and have turned to the courts for redress.
