By Simon Kerr and Hedge Fund Insight staff In 1994 the Cayman Islands Monetary Authority introduced a registration regime for mutual funds established on the islands. Most Cayman Islands Mutual Funds are engaged in hedge fund strategies, many are offshore versions of domestic (US) hedge funds (LLPs). As the concept of hedge fund strategies was adopted […] Read more »
Quotation of the Day – Jim Chanos
Jim Chanos, founder of $6bn Kynikos Associates, has disclosed what he’s looking for as a short seller: an exodus from a company, a large amount of stock sales, and companies impacted by technological change (the internet being his perfect example). He advises that in shorting you have to be very careful of not shorting concepts […] Read more »