Guernsey Finance has revealed plans to become a global fund player.
It’s new development strategy includes a funds distribution strategy statement called ‘connecting to the parts of the world managers want to reach’.
It sets out how Guernsey intends to become the global jurisdictional platform supporting managers to reach global markets, and how Guernsey Finance intends to ensure that managers and investors best appreciate Guernsey’s current “four corners of the globe” distribution capability.
Dr Andy Sloan, Acting Director of Strategy at the promotional agency, said: “Guernsey’s proven, smarter, faster route to market supports managers connect to the global markets they want to reach – through Guernsey global managers can currently reach more than 80% of global wealth. We intend to build on that position to become the global jurisdictional platform supporting managers to connect to global markets.”
The statement sets out an approach to enhance the island’s competitive position with a ‘rest-of-the-world’ business model.
You can read the plan here.