The Cayman Islands, home to most of the world's hedge funds, is planning to reveal more information about them, the country's regulator said, as pressure on the alternative investment industry rises.

The Cayman Islands Monetary Authority (CIMA) could make available data such as a fund's directors, manager, auditors and administrator, an executive said. Earlier this month, the offshore centre joined the global regulatory body IOSCO (the International Organization of Securities Commissions), which yesterday backed compulsory registration of hedge fund managers.