With capital so portable in today's world,
investment dollars continually seek to find homes where it makes
most economic sense acknowledge market experts. With confidence
gradually returning to the global investment markets, it is no
surprise that jurisdictions are dusting off their offerings,
upgrading them and actively competing once more for new business.
Guernsey is no exception and the jurisdiction is banking on the
appeal of its range of investment structures, which it hopes will
help it compete effectively against strong fund brands (such as
UCITS), particularly in the open-ended fund segment.
Guernsey boasts in excess of a trillion US dollars' worth of
funds under management and administration, of which a touch above
$140bn is held in open-ended fund structures. The bulk of
open-ended funds active in the island are in alternative assets and
again, most utilise the open-ended Class B Scheme investment fund
structure.
