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Guernsey is named the best centre for fund administration

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INNOVATION, world-leading capabilities and evidence of funds growth were all key as Guernsey was named best centre for fund administration at the 2017 Investment Week Fund Services Awards, beating Jersey, Luxembourg and Dublin.

Events like the London Funds Forum highlight innovation locally and keep Guernsey investment funds high profile.

Guernsey Finance chief executive Dominic Wheatley said the award was testament to the hard work being done in the island’s funds sector by all parties.

‘Guernsey’s funds industry is going from strength to strength and that’s thanks to government, industry, the regulator and Guernsey Finance,’ he said.

‘The island embraces new technologies and ideas and we anticipate further success for our funds sector in the future.’

Guernsey’s entry cited several examples of innovation or being a world leader in the implementation of new financial agreements and technology over the past year.

Full story in today's Guernsey Press

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