A growing fund industry can only benefit Guernsey as a
whole explains Andrew Maiden of Moore Management.
For over 50 years Guernsey has been a well-established offshore
finance centre, and its fund industry continues to go from strength
to strength. As at the end of September 2015, the net asset value
of all funds under management and administration in island stood at
£224.8 billion, spread across 1,045 funds approved for
domicile or servicing in Guernsey.
These assets were split across the three main fund regimes
– closed ended, open ended and non-Guernsey schemes –
and it was pleasing to see growth in all three categories during Q3
2015, supporting the mantra that Guernsey offers a diverse range of
funds. Guernsey has a long history of being self-governed and
self-funded, and is politically and economically stable.
