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36 South offers ERISA-Compliant Volatility Hedge Funds

From FIN alternatives Hedge fund 36 South Capital Advisors has launched U.S. pension-friendly versions of its flagship volatility strategy. The London-based firm rolled out versions of the Kohinoor Core Fund and Kohinoor Series III fund that comply with the U.S….

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Cayman footballer shot in Honduras

Arturo Johnson, a Honduran national who earned a cap with the Cayman Islands National Team in 2001 was shot on 20 April 2013 in a Honduras nightclub. Johnson is also is a former Bodden Town Football Club player who helped…

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Injured Bolt to skip Jamaica meeting [‘he hopes to be running in Cayman’]

From The Times of India KINGSTON: Six-time Olympic gold medallist Usain Bolt has been ruled out of Saturday’s Jamaica International Invitational meeting because of a slight hamstring strain, his agent said on Tuesday. The 100 and 200 metres world record…

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Gunrunning Caymanian gets nearly 4 years jail in USA

Michael Brandon Leslie, from the Cayman Islands, has been sentenced to 46months imprisonment in the USA after pleading guilty to gunrunning, plus a three-year term of supervised release. Leslie was one of six defendants charged with gunrunning between the Cayman…

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Miami Dolphins to visit Cayman Summer Camp

This week, the Cayman Islands Department of Tourism (DOT) will be assisting the Miami Dolphins youth coordinators as they promote the 2013 Summer Camp to local students from primary to high school ages (6 – 14) which will take place…

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Videotel launches Flag State Admin system

From Marine Link Flag State Administration Training and Record Management developed in conjunction with the Cayman Islands Shipping Registry Videotel launched a new training software program, Videotel webFSA, at IMO STW 44. A sophisticated Flag State Administration Training and Record…

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Butterfield Reports First Quarter Profit

Butterfield Reports First Quarter Profit First quarter core earnings of $15.3 million, up $0.7 million Net income of $13.3 million after non-core items totalling $2.0 million Board declares first interim dividend of $0.01 per Common Share Strong capital position with…

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Bolivian President Evo Morales expels USAID

BBC Bolivian President Evo Morales has said he will expel the US Agency for International Development (USAID). Mr Morales accused the agency of seeking to “conspire against” the Bolivian people and his government. US state department spokesman Patrick Ventrell rejected…

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Cayman corporate governance reforms face legal challenge

Kris Devasabai, from Risk.net Efforts to enhance the corporate governance framework for hedge funds in the Cayman Islands have run into opposition from local fund directors, who take issue with the regulator’s plans to create a public directors’ database Fund…

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Cayman squad selected for USA rugby tour

(CRFU): The Cayman Islands international Rugby season kicks off on May 4 when the Cayman National Men’s team travels to Atlanta, Georgia USA to take on USA Rugby South in the North America Caribbean Rugby Association (NACRA) Championships. USA Rugby…