Guernsey's funds industry gets competitive edge

Pedro Gonçalves
clock • 2 min read

Meeting European and OECD economic substance requirements has given Guernsey's investment funds industry a competitive edge, as rival financial centres are still waiting to be white-listed. Panel speakers at the Funds Masterclass, a Guernsey Finance event in London, said that achieving substance had become an increasingly important issue in jurisdictional choice for general and limited partners, and that Guernsey was now more strongly positioned in the market. Frank Ochsenfeld, partner at Coller Capital, said that it was crucial for Guernsey to have "embraced this issue head on". The ...

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