In this Q&A, Locate Guernsey's Richard Le Tocq explains
how in a world where uncertainty appears to be replacing certainty,
Guernsey is underlining its inherent stability amidst the changes
that are affecting the regulatory, commercial and political
realms.
Guernsey's place as a centre of excellence for fund
administration should be well known: a burgeoning sector that's
been flourishing for years. But the Channel Island is increasingly
being seen as a location for the managers of those funds as well as
their administrators.
The Island's state-backed promotional arm, Locate Guernsey,
is a little over a year old and its Head, Richard Le
Tocq (pictured), is bullish about Guernsey's offering:
"I'm confident about the future for funds in Guernsey: on
our dashboard the dials are all positive. Five successive quarters
of funds growth tells of a strong story. The most recent figures
(released in January) indicate a ten percent growth, year on year,
to stand at some