ARTICLE · 30 APRIL 2018

Guernsey's Fund Sector Continues To Grow

Guernsey Finance

This has to be balanced, however, with the need to keep costs down to retain value and alleviate investors' concerns and to strike the right level of regulation.

GuernseyWealth Management

Natalie Le Cras

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With less than a year to go, there is still uncertainty surrounding Brexit and what this means. However, writing for the Guernsey Press Q1 2018 Business Review, Ferbrache & Farrell Senior Associate Natalie Le Cras suggests it might not necessarily be doom and gloom for Guernsey.

According to the latest figures published by the Guernsey Financial Services Commission (GFSC), the value of fund business in Guernsey at the end of 2017 amounted to £270bn and Guernsey's funds sector has grown for the third consecutive year.

While growth can be attributed at time to currency movements between euro, dollar and sterling denominated funds, 10 new investment funds were approved by the Guernsey regulator in Q3 2017, and 18 in Q4.

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Guernsey's Fund Sector Continues To Grow

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