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ARTICLE · 23 NOVEMBER 2018

Guernsey Is A 'Reliable And Trusted Market' For Funds

The report also reveals the market share of all service providers in the island's funds industry.

GuernseyFinance and Banking

Guernsey is recognised as a "reliable and trusted market" in a global funds landscape where private equity and venture capital funds hold a prime position.

New findings from the independent fund research company Monterey Insight, in its 2018 Guernsey fund report, reveal that fund assets serviced in Guernsey stood at $399.3 billion at the end of June 2018, up 0.7% compared to 2017.

The total number of serviced schemes increased to 1,077 and the number of sub-funds reached 1,323 during the year, up from 1,018 and 1,363 respectively.

Karine Pacary, Managing Director of Monterey Insight, said the findings demonstrated the continuing stability of the Guernsey funds market.

"Guernsey has managed to attract 21 new promoters to establish their funds in the island and combined with the existing promoters, over 140 new serviced funds and sub-funds were launched in the same period, accounting for $19.3 billion," she said. "In a landscape where private equity and

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