Bermuda Finance 2018, Asset Management Roundtable
From hedge funds to private equity to ILS to family
offices—experts in asset management debated the shape of the
landscape of this sector on Bermuda in a roundtable.
How would you characterise the health of the asset
management sector on Bermuda?
Andrew Baron: There's a relatively
under-appreciated asset management sector in Bermuda. The Bermuda
Business Development Agency (BDA) has been pushing this for six or
seven years. That gave a little bit of a perspective on what's
possible on the Island in terms of whether there's talent here,
whether there are people who can operate an asset management
company here successfully.
As Bermuda has evolved and particularly in the insurance sector,
there have been things that look like asset management companies
here, with all the insurance-linked securities (ILS) funds, but
actual asset management is often not done here, it's done in
New York. The insurance side is done
