‘Superwoman’ endorses island’s funds industry
Thursday 16th October 2008, 2:30PM BST.
CITY ‘superwoman’ Nicola Horlick has endorsed Guernsey as a funds domicile.
The CEO of Bramdean Asset Management has recommended the island, stating her firm uses it because of the regulatory environment, strength in administration and accessibility.
As a high-flying 44-year-old mother-of-six, Ms Horlick (pictured) received national publicity after fending off an armed robber outside her London home in April 2006.
She has worked in the fund management industry for 25 years and participated in the growth of some of the UK’s premier businesses, including Mercury Asset Management (now BlackRock), Morgan Grenfell Asset Management (now Aberdeen Asset Management) and Societe Generale Asset Management (UK).
‘We have just domiciled an alternatives fund in Guernsey with a full London listing. We decided that Guernsey was most appropriate from a regulatory point of view. We felt there were some good administrators there and it’s easy to get there. Our experience in Guernsey has been very positive and I would recommend Guernsey as a domicile. It’s going to be a very difficult period over the short-term but I do believe, over a longer period, Guernsey will do very well indeed.’
Ms Horlick was the keynote speaker at the Guernsey Funds Forum 2008, Fundamental solutions for a changing world, which took place at the Queen Elizabeth II Conference and Exhibition Centre, Westminster.
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