Curacao administrators best in hedge funds

For the second consecutive year, Curacao administrators of hedge funds turned out to be the best among their colleagues in 17 geographical locations worldwide. On a scale of 1 to 7 (where 1 is unacceptable and 7 is excellent), Curacao scored 6.58, followed by the administrators of San Francisco (USA) with the score of 6.37. The British Channel Islands scored the lowest with a score of 4.34.

Hedge Funds are investment products for well-to-do individuals and institutional investors. By managing the funds very aggressively and ingeniously, they are trying to receive as much return as possible against as little risk as possible under the circumstances.

Of the 56 service providers that qualified for being considered for the Global Custodian 2008 Hedge Fund Administration Survey, 39 had enough votes to participate. Per category investment strategy, location, and managed capital, several numbesr of a minimum required votes, apply. Customers give a mark for 12 service provider areas, including relation management, investment services, information to fund-managers, tax processing, and so on. The final scores are rolled out based on different benchmarks.

(Source: National Newspaper Amigoe)

August 27, 2008

Aruba keeps border with Venezuela shut

ORANJESTAD - While Venezuela reopened its borders with Brazil and Aruba, the latter’s government did not find the timing “opportune” and kept the current trade and travel ban in place for now.

Blokhuis naar Caribisch Nederland om preventieakkoord te ondertekenen

Staatssecretaris Paul Blokhuis (VWS) brengt van maandag 13 mei tot en met donderdag 16 mei een bezoek aan Caribisch Nederland. Blokhuis gaat het Caribisch Sport- en Preventieakkoord voor Sint Eustatius en Bonaire ondertekenen. Ook bezoekt hij verschillende organisaties die werken aan preventie en sport.

Venezuela reopens borders with Brazil and Aruba

ORANJESTAD/CARACAS - Venezuela is reopening its borders with Brazil and the Caribbean island of Aruba, Venezuela's Economy Vice President Tareck El Aissami said on Friday.