Vignesh Vijayakumar, senior manager of corporate and
institutional services at RBC Wealth Management, discusses the main
trends in the funds industry in Guernsey.
HFMWeek (HFM): What are the main trends you are
currently seeing in the market in Guernsey?
Vignesh Vijayakumar (VV): We generally see a
positive uptrend in the private equity sector, but an interesting
shift of late has been the appetite for separate managed account
structures. Investors who are contemplating establishing these
managed account structures are normally looking to deploy
substantial commitments to asset managers and accordingly these are
highly customised based on the individual requirements. While we
see that fund raising in general has been quite challenging, those
asset managers with an established track record are able to
successfully launch funds with a much shorter lead time. Despite
this, it is imperative that the asset managers allow themselves
plenty of time, given that investors