News & Events

The Family Office Bermuda Mutual Fund Segregated Accounts Company: An Innovative Tool in Private Wealth Management

October 2016 | Peter Ch’ng, Conyers Dill & Pearman

The benefits and uses of Bermuda segregated accounts companies (SACs) to ring-fence assets and liabilities in insurance and investment fund structures are well-known and well-tested. The Bermuda Supreme Court has consistently upheld confidence in, and strength of the statutory segregation and ring-fencing of assets and liabilities in a SAC.

The AIFMD Third Country Passport – An Update

September 2016 | Monica Gogna, Michelle Moran, Anand Damodaran, Matthew Judd and John Young, Ropes & Gray

The European Securities and Markets Authority (ESMA) published on 19 July 2016 its final advice to the European Commission (the Commission) on the extension of the marketing passport under the Alternative Investment Fund Managers Directive (AIFMD) to 12 non-EEA countries, including the United States. This note is intended to highlight ESMA’s advice to the Commission and set out the steps firms would need to consider when applying for a third country passport.

Insurance-Linked Securities (ILS) Investment Funds: Bermuda Reloaded

June 2013 | Dawn Griffiths, Peter Ch'ng, Elizabeth Denman and Christopher Page, Conyers Dill & Pearman

Bermuda may not be the first place one thinks of for offshore investment funds, but it ought to be. Bermuda’s global pre-eminence in the reinsurance industry is undisputed - it is currently home to 1,291 insurance companies which generated a gross premium of US$107.7 billion as at the end of 20101. Recent figures show that Bermuda is the pioneer offshore hedge funds jurisdiction. In fact, Bermuda’s registered funds have increased from US$159.51 billion of total net asset value2 in 2011 to US$185.39 billion in Q3 of 20123.

Choosing an Islamic Investment Jurisdiction: Bermuda as a Primary Case Study

October 2011 | Cheryl Packwood, Business Bermuda and Belaid A Jheengoor, PwC Bermuda

Bermuda’s tax neutrality and favourable yet robust regulations make it an ideal location for Islamic finance investment. Cheryl Packwood and Belaid A Jheengoor explore the advantages of the jurisdiction.

Moving Offshore Funds Onshore - A Practical Guide

April 2011 | Mark Browne, Mason Hayes & Curran

Recent industry statistics show increased interest from alternative investment managers in basing their funds in onshore-regulated jurisdictions and as a result of this trend, Ireland recently overtook both Bermuda and the BVI as a domicile for hedge funds for the first time.