Performance of Guernsey's investment funds industry has been
described as a 'return to strong growth' in the annual
report from independent fund research company Monterey Insight.
Fund assets serviced in Guernsey increased to $412 billion at
the end of June 2019, up 3.2% on the previous year, although the
number of serviced schemes and sub-funds fell slightly.
"Guernsey demonstrated strong returns during the last year
and managed to once again attract major players to launch their
private equity funds," said Karine Pacary, Managing Director
of Monterey Insight.
She particularly noted an increase in infrastructure schemes and
an overall strengthening of the local industry.
Top-performing firms in the island endorsed Guernsey as a funds
centre.