Funds under management and administration

31 March 2022

855

Total value of funds under management

31 March 2022

£309.6b

Proven. Smarter. Faster.

Guernsey is a world-leading and well-regulated international centre for investment fund business, with significant experience and skill within the alternative investments sector.

From practitioners to the regulator, Guernsey Financial Services Commission (GFSC), the Fund industry in Guernsey has the experience, knowledge and infrastructure, which when combined with internationally compliant laws and regulations has the ability to tackle vanilla products through to the more
innovative and esoteric. 

The Island also has expertise in using a wide range of investment vehicles including unit trusts, PCCs, ICCs and limited partnerships.

GIFA

Latest News

Guernsey Green Fund champions the food of the future 

The latest UN Emissions Gap Report has shown that rising greenhouse gas emissions mean global warming is unlikely to keep within the 1.5C threshold. This news, released by the UN environment programme, highlights the emissions gap and underscores the importance of investing in the transition of greenhouse gas heavy industries such as food production.

Guernsey-based incorporated cell used to reinsure pension fund in £2 billion longevity risk transfer

MMC UK Pension Fund’s first longevity swap transaction to include active members, under incorporated cell Fission Gamma IC Limited, will cover approximately £2 billion in liabilities for 14,500 pensioners, deferred and active defined benefit members.
Fission Gamma, a new Guernsey-based incorporated cell, was created to insure the longevity risk of the fund and to reinsure this risk with leading global re-insurer Munich Re. Insuring longevity risk in this way enables the fund to protect itself financially against longevity risk.

Guernsey-based incorporated cell used to reinsure pension fund in £2 billion longevity risk transfer

MMC UK Pension Fund’s first longevity swap transaction to include active members, under incorporated cell Fission Gamma IC Limited, will cover approximately £2 billion in liabilities for 14,500 pensioners, deferred and active defined benefit members.
Fission Gamma, a new Guernsey-based incorporated cell, was created to insure the longevity risk of the fund and to reinsure this risk with leading global re-insurer Munich Re. Insuring longevity risk in this way enables the fund to protect itself financially against longevity risk.

Events

GIFA Academy Event: ESG and Sustainability Reporting Update

We are pleased to welcome Amy Pickering of PwC to present at our upcoming GIFA Academy Event, taking place on Tuesday 23rd…

GIFA Academy Event – The impact of the revised CAD rules on maintaining & calculating PI insurance

We are pleased to welcome Jonathan Bates of Thorndon and Richard Sharp of Ogier to present at our upcoming GIFA Academy Event,…

GIFA Academy Event – The Profile of Proliferation Financing

We are pleased to welcome Mark le Page, Director and Leader of Regulatory Consulting at Kroll and GIFA Deputy Chair to present…

About GIFA

The Guernsey Investment & Funds Association (GIFA) was established in 1989 as a trade association to represent the Island’s  funds  industry and, following the merger with Guernsey Investment Management and Stockbrokers Association in January 2019, now represents the wider investment industry. Our membership spans the whole spectrum of the Island’s investment community, including fund managers, administrators, custodians, investment managers, stock brokers, non- executive directors as well as professional firms such as lawyers and accountants who are closely involved in the work of the investment business industry.