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. As of June 2023, over
1,100 investment funds and sub-funds were domiciled in the island
with a total net asset value of over US$ 420 billion. When funds
not domiciled in Guernsey but under management and administration
there are included, this brings the totals to over 1,500 investment
funds and sub-funds with a total net asset value of over US$ 515
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
