Seminar examines past, present and future of BVI funds on Back to the Future Day
Ollie and I just wrapped up a very interesting presentation
today to a cross-section of the BVI funds industry.
We chose 21 October 2015 because it is Back to the Future Day – the day that
Marty McFly travelled back to the future in in the eponymous film
— and we decided to capitalise on this date by looking at the
past, present and future of the funds industry. This meant a lot of
discussion of the global financial crisis as well as a look ahead
at the future areas of growth for the BVI funds industry.
One point which came out quite clearly from the discussion is
the BVI's growing profile as the offshore jurisdiction of
choice for the emerging fund manager. We are seeing a great deal of
polarisation within the funds industry – recent data suggest
that 11% of active fund managers account for over 90% of total
assets under management – as well as increasing fee and
regulatory
