Guernsey And Funds – A Unique Solution In Challenging Times

Guernsey Finance is the promotional agency for the Island's finance industry and as its Chief Executive, Fiona Le Poidevin, is constantly extolling the virtues of Guernsey as an International Finance Centre (IFC), including as a jurisdiction for domiciling, managing and administering investment funds.

I genuinely believe that Guernsey offers many advantages over our competitors and if anything, this has been accentuated during the current challenging conditions to the extent that the Island offers a unique solution for investment houses from all around the globe who are seeking to launch funds.

Fundraising

The global financial crisis and the subsequent worldwide economic downturn have brought about much more challenging conditions for asset managers. Firstly, investors are now more cautious and as such, managers are finding fundraising more difficult but in Guernsey, our experience is that there are positive signs coming into view. The value of funds