GIFA Annual Dinner 2018 a huge success.

By: GIFA , Thursday, March 15, 2018

Picture by Chris George

Paul Smith, Chairman of GIFA, was delighted to welcome over 450 guests to the 2018 GIFA Annual Dinner held on 3rd March.  In his welcome speech to the guests he presented a positive outlook for the Guernsey funds industry, which had shown sustained growth for over two years.  He also added some words of caution on a few of the challenges that lie ahead both locally, such as accessibility to the Island, and internationally such as Brexit and continued attacks on the industry from other international bodies.

He called upon government to invest some of the island’s budget surplus on short term infrastructure projects and to ensure that the economy is strong enough to enable the implementation of their long term aspirational plans for the island.  In conclusion, Paul said, “There is plenty that is excellent about Guernsey and we are constantly under threat from governments who do not understand what we do and other jurisdictions wanting to steal our lunch.  We therefore need to be confident and proud of what we have achieved to date and what we offer to the international investment industry and the global economy.  Guernsey is the envy of many other jurisdictions and we must not forget that – nor must we rest on our laurels.”

Over the last 3 annual dinners, GIFA Members and their guests have raised over £12,000 for 3 local charities – the Priaulx Premature Baby Foundation, the Eleanor Foundation and Help a Guernsey Child.  This year, we managed to raise over £4,700 which will be put to good use by Help a Guernsey Child in assisting disadvantaged local children, young people and youth organisations.

Once again, the Annual Dinner was fully subscribed with all tables sold. The sponsors for the 2018 dinner were Price Bailey, who sponsored the entertainment, Centillion Consulting who sponsored the pre-dinner drinks reception and Sate Street who sponsored the Jazz Lounge post event drinks, a new concept introduced this year. Members and guests were delighted with and amazed by the magical tricks provided by Morgan & West; “Magicians, time-travellers & all round spiffing chaps“.

Kirsty Warner of Price Bailey as sponsor of the entertainment and in introducing Morgan & West said, “Price Bailey decided to sponsor the GIFA dinner this year because of the value GIFA provides to the industry in a number of ways.  We need to share our success stories for Guernsey and continue to benefit from the agile and flexible industry we are, adjusting to new regulation and providing innovative solutions to our client base.”

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