In an article for HedgeWeek's Guernsey Fund
Services 2019 Special Report, Estera Director Kevin Smith
takes a more in-depth look at setting up a Guernsey Green Fund,
which was launched in 2018 as the world's first regulated green
investment fund product.
The introduction of the Guernsey Green Fund ('GGF') has
given both investors and managers a transparent product through
which investments into green initiatives can be made. Most
significantly, it effectively creates a 'kitemark',
assuring investors that specific green criteria have been met and
that their investments are having the desired, positive
environmental impact.
Unsurprisingly, there are certain factors that a manager or
sponsor needs to take into account when establishing a fund that
will be designated a GGF. These are the key points as we see
them.