The numbers speak for themselves – the net asset value of
funds under management and administration in Guernsey grew by 12.5%
in 2016, with growth in both open-ended (8.5%) and closed-ended
(13.37%) funds categories as well as non-Guernsey schemes
(12.92%).
This continued success of Guernsey's investment funds sector
– against a backdrop that included some global financial and
political instability as well as the Brexit vote and the unexpected
result of the US Presidential election - shows why so many from the
financial services sector outside Guernsey (both onshore and
offshore) are increasingly attracted to the jurisdiction's
offering.
Guernsey's success has been underpinned by its long-standing
strategy of having a clear and unwavering focus on its regulatory
regime – striking a pragmatic balance between requiring high
standards consistent with modern international norms and
expectations where justified and relevant while avoiding excessive
and bureaucratic