Fund industry in spotlight

| 04/01/2009

(CNS): Investing strategies for volatile markets the issue of failed hedge funds, credit default swaps the risks, responsibilities and liabilities of the independent director and a review of the global economic impact are just a few of the hot topics that will be touched on this coming Friday when those in the funds business get together for Cayman’s Second Annual International Funds Conference.

 

The possible impact of new US policies, Chapter 15 as well as the results of Bear Stearns situation are also to be addressed. Moreover with a number of important court cases recently being decided that directly affect the funds industry in Cayman, the conference is seen as an opportunity for those in the industry to find out what could be in store for them as it addresses in detail cases involving auditors’ liability, directors’ issues and redemption issues. 

“There have been a number of significant recent decisions and those involved in the industry should seize the opportunity to learn more about the current position,” said Andrew Hersant Managing Director of Stuart Walker Hersant one of the conference sponsors said. “We are pleased to have brought together a group of experts to consider matters in detail.” 

The one day event takes place at the Ritz Carlton on Friday 9 January. s one day event will be co-hosted by Stuart Walker Hersant, PricewaterhouseCoopers and Cayman National Fund Services. A full list of topics and speakers can be found at the conference website at www.caymanfundsconference.ky

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