Guernsey Regulation Ideal For South African Investment Vehicle

PRAXIS Fund Services Limited (PFS) has supported one of its long-established clients through a second successful rollover and fund-raising. The Guernsey-registered Closed-Ended Investment Company, Asia Pacific Basket Limited (APBL), raised USD109m through a combination of existing and new investors and offers exposure to a basket of major international indices while offering principal protection. APBL raised […]

Read more

Investor demands could drive business to Guernsey

Opportunities are emerging for Guernsey’s funds industry to take advantage of changing investor demands and uncertainty surrounding Brexit. Guernsey Finance’s ‘Funds Masterclass’ event in London drew a crowd of more than 200 industry figures from the island and the capital to discuss the regulatory environment outside the EU and the advantages of operating outside the […]

Read more

Maitland Group expands in Guernsey

Maitland Group has expanded its presence in Guernsey after obtaining a full fiduciary licence. The cross-border global advisory and fund administration firm can now provide private client fiduciary services in the island alongside its existing fund administration and corporate services offerings. The company first moved into Guernsey last year with the acquisition of local designated […]

Read more

“Focus on the positives” – GIFA chairman

The chairman of the Guernsey Investment Fund Association has called on the industry to focus on the positives in 2018. Paul Smith said that while there was no let-up in ongoing international scrutiny for offshore jurisdictions, “we need to focus on the positives that we have to offer the global investment industry and continue to […]

Read more