The financial regulator of the Cayman Islands has confirmed that WCM Partners has yet to file a registration for its new healthcare fund.
The Cayman Islands Monetary Authority (CIMA) confirmed to the Cayman Compass on 29 April that "there is no current or pending registration with the Authority in reference to Mr. Neil Woodford". Oxford Nanopore represents almost half of new Cayman-based Woodford fund CIMA's rebuttal follows reports that Woodford's attempted return to the industry, WCM Partners, had registered its healthcare portfolio in the Cayman Islands after the Jersey regulator asserted the island would not be a "back door" to access the UK market. When pressed on whether CIMA would allow Woodford to set up shop...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes