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ARTICLE · 20 FEBRUARY 2023

Guernsey Funds: An Overview

Carey Olsen
Carey Olsen
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Carey Olsen

Carey Olsen

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The finance industry in Guernsey began over 50 years ago, developing from humble beginnings to become the major international offshore finance centre it is today.

GuernseyFinance and Banking

The finance industry in Guernsey began over 50 years ago, developing from humble beginnings to become the major international offshore finance centre it is today.

GUERNSEY'S FUNDS INDUSTRY

Guernsey is one of the world's largest offshore finance centres, with a thriving funds industry. Over 800 investment schemes are currently domiciled in the island. At the end of Q2 2021, there were over 1,400 investment funds and sub-funds under management and administration in Guernsey with a total net asset value of US $533 billion.

This has developed over the last 50 years due in large part to the benefits of long term political and legal stability, combined with tax neutrality, which Guernsey offers. The breadth and depth of fund expertise, supportive regulatory and legal regime, and global market access, combined with its geographic and time zone benefits help to make Guernsey a leading funds domicile1.

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