The sponsors of the Guernsey Finance Masterclass in Hong Kong
have long-established relationships between Guernsey and the
territory.
Trident Trust launched the Guernsey element of its global fund
administration business in 2004, after it received a request from
its Hong Kong office to administer a Cayman fund structure. Cayman
had been decimated by Hurricane Ivan, which caused $26 billion of
damage in the Caribbean and United States in September 2004, and so
the client looked elsewhere for administration services.
Guernsey's good fortune in landing that business became a
long-lasting relationship, with the same fund promoter launching
two more Cayman schemes administered by Trident Trust from
Guernsey. Trident Trust's Guernsey office has gone on to
provide administration services for a number of clients in Asia,
typically working on Cayman-based funds.
