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Cayman Finance Chairman Mr. Richard Coles today responded to a report on US network television station ABC which focused on Presidential candidate Mr. Mitt Romney’s financial affairs linked to the Cayman Islands.

Cayman Finance will be a Major Sponsor at the upcoming Cayman Islands Chamber of Commerce Career, Education,Training & Jobs Expo taking place Friday, February 3rd, 2012 at the University College of the Cayman Islands.  Cayman Finance will have a booth offering information and education regarding careers in the financial industry.

There were a few surprises in the first Hedge Funds Review Service Providers Rankings. Overall, the response was good, with over 1,000 hedge funds, funds of hedge funds and investors responding to the survey.

Unsurprisingly the Cayman Islands was the most favoured domicile but perhaps more surprisingly, Luxembourg was ranked second followed by Ireland, both onshore European Union jurisdictions.

GEORGE TOWN, GRAND CAYMAN, 14 December, 2011   “It is welcome yet unsurprising news that the Cayman Islands was named the most favoured domicile in the recent Hedge Funds Review’s Service Provider Rankings”, said Richard Coles, Chairman of Cayman Finance.  “The survey underscores Cayman’s ongoing relevance in the worldwide financial industry and role as a key player in the funds industry in particular.”

I go immediately to the heart of the matter: International Financial Centres (IFC) are indispensible components in the wheel-works of the global financial system. Principal amongst many advantages they produce and ensure is their efficient, comparatively inexpensive allocation of capital, which, in this epoch of economic decline and financial crisis, has maintained liquidity and value (particularly) in emerging markets, and so restored and maintained the confidence of investors in the world’s financial and economic systems.

Click on the link below to Read more:
http://www.ifcreview.com/restricted.aspx?articleId=3713&dm_i=8J3,L1D6,1DBZZE,1PI5W,1