{"id":6892,"date":"2007-12-12T00:00:00","date_gmt":"2007-12-12T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"bermuda-battles-caymans-for-offshore-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2007\/bermuda-battles-caymans-for-offshore-funds.html","title":{"rendered":"Bermuda battles Caymans for offshore funds"},"content":{"rendered":"

Reuters- The pastel-colored buildings lining Bermuda’s main commercial district are home to thousands of the world’s top hedge funds — from Europe’s Man Group and GAM to Connecticut’s DKR Capital.<\/p>\n

But the British colony has been struggling to catch up to its Caribbean cousins, the Caymans and British Virgin Islands, in the race for the $2 trillion (1 trillion pound) hedge fund industry’s fast-growing offshore business.<\/p>\n

That could soon change, said Cheryl Packwood, a U.S.-trained lawyer who as chief executive of the Bermuda International Business Association heads the campaign to attract hedge funds.<\/p>\n

In the next 12 months, the 22-square-mile (57-sq-km) land of pink beaches and rolling golf courses expects to raise the number of registered funds by 50 percent to 3,000, she said.<\/p>\n

Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Reuters- The pastel-colored buildings lining Bermuda’s main commercial district are home to thousands of the world’s top hedge funds — from Europe’s Man Group and GAM to Connecticut’s DKR Capital. But the British colony has been struggling to catch up […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-6892","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=6892"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6892\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=6892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=6892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=6892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}