Maddie Saghir reports
Aside from its beautiful beaches and sunshine, Bermuda
makes a compelling case for fund managers looking to domicile in a
competitive and dynamic jurisdiction
Bermuda brings to mind images of pretty pink sand beaches and
beautiful blue seas. Its financial services industry prides itself
on being one of the more developed jurisdictions in the region
compared to its Caribbean peers. Bermuda has perhaps the largest
and most sophisticated asset servicing ecosystem. It offers an
infrastructure that is unsurpassed in the offshore world (both in
the Caribbean and globally), with established and knowledgeable
industry service providers.
A clear differentiator for Bermuda in the asset management space
is its nexus to the insurance industry and the jurisdiction's
dominance in servicing insurance-linked securities (ILS)
structures. With this in mind, there is much to play for in
Bermuda, and experts say its financial services industry is only
going to