Guernsey’s Green Finance initiative was a big draw at last week’s Guernsey Funds Forum event in London (16 May) which saw more than 500 finance professionals from the City and beyond gather to hear about the Island’s funds offering.
The Ogier-sponsored event was the tenth annual conference for the Guernsey Funds industry in London. Group Partner Tim Clipstone, who attended the event as part of the Ogier contingent, says that Green Finance, the Private Investment Fund and the Island’s long-established track record on listed funds had been particularly strong talking points.
“It was an enormously positive event – there was a good cross-section of onshore counsel, brokers, banks, administrators and managers, all of whom knew about what Guernsey has to offer, and who had in some cases some quite specific technical queries about how we can deliver services,” he says.
“I was particularly interested to see attendees from outside of the City – there were representatives of firms who had travelled from regional offices of major firms, and we spent some time at our stand talking to some lawyers from Edinburgh.
“There was a lot of focus on perennial topics including routes to distribute Guernsey funds in the EU and Guernsey’s position as a jurisdiction of choice for listed funds, but undoubtedly the biggest topic was Green Finance. Aside from the well-received panel discussion, there was a buzz about the Green Fund wrapper, and we had quite a lot of interest from all sorts of angles on the Green Fund, and how it works in practice.”
Clipstone attended the event with partners Bryon Rees and Craig Cordle, and managing associate Oliver Quarmby. Ogier were Diamond-sponsors of the Guernsey Funds Forum.