Guernsey Remains A MENA Favourite

Originally published in MENA Fund Review, October 2011

Peter Niven, Chief Executive of Guernsey Finance – the promotional agency for the Island's finance industry, explains why the jurisdiction continues to prove attractive to MENA managers.

As the promotional agency for the Island's finance industry, we have just returned from exhibiting at SuperReturn Middle East in Dubai. Making a visit to the region in the final quarter of the year has become a staple part of our promotion and marketing activity in recent years. Once again, we were joined by practitioners from the Guernsey investment funds community, including administrators Legis, Praxis and Kleinwort Benson and law firms Ogier and Appleby. What we have learnt is that Guernsey remains a jurisdiction which is very attractive to MENA fund managers.