How do you become a qualified fund manager?
How do you become a qualified fund manager?
Eligibility to become Fund Manager
- You must have an undergraduate degree such as B.Com, BBA, BBM or an equivalent degree in finances and investment.
- Additional academic qualifications such as MBA in Finance would allow for a better scope of bagging a good career position in the field of Fund Management.
What is CIMA license?
Certified Investment Management Analyst (CIMA)
Is the fund manager and investment manager the same?
The primary difference between these two jobs is that investment managers focus on securities and bonds while fund managers work with mutual funds. As an investments manager, you work closely with clients to perform a financial evaluation and determine their investment goals.
What are the requirements for a Cayman Islands mutual fund licence?
Generally, an entity which is applying for a mutual fund administrators licence (the “ Applicant “) must satisfy the Cayman Islands Monetary Authority (“ CIMA “) that it has sufficient expertise to administer regulated mutual funds, is of sound reputation and has the ability to administer regulated mutual funds in a proper manner.
Do you need a Cayman Islands investment manager?
An investment fund in the Cayman Islands is not required to have an investment manager based in the Cayman Islands. If, however, an entity wishes to establish itself as an investment manager in the Cayman Islands, it will need to comply with the provisions of the SIB Law.
Can a Cayman Islands Fund have a general partner?
There is no Cayman requirement for an investment fund to have any director or shareholder or general partner meetings in the Cayman Islands. Registrable funds are expected to have at least two board meetings a year. Role and responsibilities of the board of directors
Can a Cayman Islands fund be registered with CIMA?
From a Cayman law perspective it is permissible for the offering document to be used for marketing purposes ahead of CIMA registration, although if the offering document states that the fund is registered with and regulated by CIMA then it should be notified to recipients of the document that such registration and regulation is pending.