In order to understand how the industry might develop in the future, it is useful to reflect on the course it has taken so far. This report traces the origins of the international fund jurisdictions back to the 1960s and charts their progress through to the present day.
It explores the growth of alternative funds, the impact of reforms in recent decades, as well as the importance of substance. In summing up, the paper turns to the future, considering the influence of sustainable finance, including ESG investment, and of the developing crypto fund industry.
It closes by contemplating the road ahead for international fund jurisdictions, which have become integral elements of global funds business.
Download the report here.