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ARTICLE · 22 JANUARY 2020

Guernsey Funds Sector "Returns To Strong Growth"

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.

GuernseyFinance and Banking

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.

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