Guernsey's core funds messages have been given a
global boost with the publication of a new report on Guernsey Fund Services, produced
with Global Fund Media. The report identifies Guernsey as a leading
jurisdiction for both start-up managers and established funds.
Here, Head of Locate Guernsey Andrew Carey discusses the
benefits for companies looking to relocate to the
island.
Guernsey makes no excuses for wanting to attract fund managers
to the island and evolve into more than simply an alternative funds
jurisdiction. It is an explicit position for us, as opposed to a
"nice to have".
Guernsey does have high-quality managers already operating from
the island, with names including Cinven, Permira and Terra Firma,
and is also working closely with the Guernsey Investment Fund
Association to try to increase that number. The size of the manager
community is already quite significant, with funds one of the best
performing sectors in the island's well-rounded industry,