The Evolving Role of the Custodian

1 May 2014

Source: Deutsche Bank article
Location: Guernsey

The Guernsey Funds industry has continued to evolve in response to changes in investor demand and the global regulatory environment.†

Whilst we continue to be a popular jurisdiction for closed-ended funds, 2013 saw a continuing trend in the decline of the open-ended sector. The islandís proven track record and expertise in the private equity space has ensured that this continues to be the dominant asset class, accounting for approximately 60% of fund assets.†

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