Funds news


Guernsey has ‘integrity, honesty and is regulated with flexibility’

GUERNSEY’S relationship with the UK is not set for long-term damage, according to former Chancellor Lord Lamont.


UK-CI relationship not likely to change

GUERNSEY’S relationship with the UK is not set for long-term damage, according to former Chancellor Lord Lamont.


Guernsey delegation to build on success of Moscow fund trip

PROFESSIONALS from Guernsey had a successful trip to a major funds conference in Moscow.


Guernsey funds still affected by precarious eurozone

UNCERTAINTY in the Eurozone and the resulting upheaval in international markets appears to continue to have an impact on Guernsey funds.


Fund managers ‘optimistic but cautious’ about 2012

THE fund management industry in Guernsey is set for a tough 2012 – but one tinged with optimism.


Island to take steps to combat foreign debt ‘vultures’

LEGISLATION should go before the States early next year to limit the possibility of Guernsey courts being used by speculators trying to force developing countries to pay crippling debts.


Fewer funds, but their value up by 20%

FUND assets serviced in Guernsey have risen by nearly 20% despite the number of funds and subfunds falling to below 1,900, according to Lipper’s latest Guernsey Fund Encyclopaedia.


Locally-based buyout fund sets new high in wake of financial crisis

A GUERNSEY buyout fund has completed the fund-raising for its latest fund at €4.75bn.


Sarasin cites inflexible rules as it moves £1bn in funds

GUERNSEY has lost around £1bn of funds business after Sarasin & Partners announced it was redomiciling its local funds range to Ireland.


Sturdza looks to grow but not to detriment of quality

THE head of a fund management company has said he felt fortunate to have set up in Guernsey, five years after opening an office on the island.

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