Originally published in the HFM Week, Guernsey
Report, June 2008
Writing in this supplement last year I was reporting on
Guernsey's 'booming' investment funds
industry – all the statistics were going through the
roof. Given the substantial growth that was the hallmark of
2006 and that this continued into 2007, it appeared that we
might not be able to sustain such a pace throughout the year.
This became even more likely in light of changes on the world
economic scene, most notably the sub-prime crisis and its
implications.
However, whilst activity is not quite as frenetic as
pre-'credit crunch', business flows have
remained more than robust well into 2008. What I hear is that
for the second half of this year there is still a strong
pipeline of business coming into the Island and there are other
substantial flows out there to be won. That is why Guernsey
continues to enhance its environment to
