Guernsey Named Best Centre for Fund Administration
Guernsey saw off stiff competition from Jersey, Luxembourg and Dublin to be named Best Centre for Fund Administration at the recent Investment Week’s Fund Services Awards.
The awards celebrate those involved in the fund management industry, and the island’s accolade reflects Louvre Fund Services’ commitment to delivering the highest level of specialist services.
Guernsey’s entry cited the implementation of new financial agreements and technology as a strong example of innovation and leadership within the sector. Its private equity funds passing £100bn at the end of last year was also highlighted.
The entry also recognised the growth in net asset value of Guernsey’s domiciled funds and the first commercial deployment of Blockchain technology. The launch of two new funds products; the Private Investment Fund and the Manager Led Product were included in Guernsey’s nomination.
The win further cements Guernsey’s reputation as a world-leading powerhouse for fund administration. With over 50 years’ experience in dealing with a variety of asset classes, Guernsey also boasts a robust infrastructure and extensive knowledge base for the progression of investments of every size and specification.
Kevin Gilligan, Managing Director of Louvre Fund Services, said: ‘We are proud that Guernsey’s excellence has been recognised within such a competitive international marketplace. Efficient administration is at the heart of our fund services and we believe Guernsey offers many advantages - this award endorses that position.’
In addition to offering a wide range of investment vehicles, Louvre provides the highest quality services for the structuring, launch and administration of funds.
‘From our Guernsey office, we offer a wide range of fund administration services. From fund establishment, pricing, company secretarial, accounting, compliance and transfer agency services. We maintain the traditional values of customer services and attention to detail with a proactive and innovative approach to give our clients the services they need.
‘This award highlights why Guernsey is the ideal jurisdiction for enabling the fund management industry to thrive’
If you would like to know more about Louvre Fund Services or have questions about Guernsey as a location for fund administration, please get in touch.