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ARTICLE · 02 APRIL 2024

Chambers Global Practice Guides Investment Funds 2024 - Guernsey

Carey Olsen
Carey Olsen
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Carey Olsen

Carey Olsen

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Carey Olsen has contributed to the Chambers Global Practice Guide on Investment Funds for Guernsey, which provides the latest information on alternative investment funds and retail funds...

GuernseyFinance and Banking
Matthew Brehaut
Matthew Brehaut
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Carey Olsen has contributed to the Chambers Global Practice Guide on Investment Funds for Guernsey, which provides the latest information on alternative investment funds and retail funds, including fund formation, restrictions on investors, the regulatory environment, operational requirements and the tax regime.

1. Market Overview

1.1 State of the Market

Guernsey is frequently used by advisers and managers globally for the formation/domiciling of investment funds. Guernsey is one of the world's largest offshore finance centres, with a thriving funds industry.

As of 30 June 2023, over 1,300 investment funds and over 1,550 sub-funds are currently domiciled and/or administered in the island. The most recent aggregate value of funds under management and administration in Guernsey is reported as over USD500 billion, of which over GBP378 billion is in closed-ended Guernsey funds.

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