The success of Guernsey's investment fund business has been
further endorsed by a significant move up the rankings of the Fund Domiciles.com Stability Index for
2011.
Guernsey was the highest placed jurisdiction of those showing
improvement, with a move up from sixth place in 2010 to third this
year.
Luxembourg remains the most stable fund domicile, followed by
Malta in second position. Cayman was fourth and Gibraltar fifth,
with Ireland and Jersey in joint sixth as the latter fell three
places in what was effectively a trade of positions with
Guernsey.
Peter Niven, the Chief Executive of Guernsey Finance, said:
"This is yet more welcome news for our funds industry. Coming
on top of a record high for funds under management and very strong
feedback from the Funds Forum event in London, this improved
ranking underlines the general positive buzz and optimism that we
are seeing around Guernsey's investment fund business at
present. It is a reflection on Guernsey's
