All too often one hears, or reads in the press, that some unfortunate individual has lost his life savings whilst endeavouring to purchase a property in Spain, and his dreams of retiring to sunny Mediterranean shores have been shattered by some unscrupulous rogue.
Nevis was one of the first jurisdictions in the Eastern Caribbean to appreciate the benefits of diversifying its economy with the introduction of international financial services. In 1984, the Nevis Island Government initiated various measures aimed at establishing its financial services industry and providing investment and business opportunities to international investors.
As more traditional investors and fund managers invest with hedge funds, the issue of valuations has become increasingly critical. The aggregate performance of hedge funds over the past ten years has
Over the past two years, commodities and risky assets,1 especially emerging market bonds and stocks, have been the star performers in global asset markets. Oil and copper prices have
Tracking errors are calculated to measure active portfolio risks, to set risk limits and for risk budgeting purposes within the investment process. Practitioners have recently become concerned about the