A big thank you to the Guernsey Business Development team for delivering an insightful briefing on the opportunities that lie ahead in 2025.
Guernsey’s financial services proposition remains highly attractive to businesses and investors in the UK, South Africa, the US, and the Middle East. The team has been instrumental in fostering strong connections in these regions, helping to showcase the jurisdiction’s expertise in fund administration, private wealth, and insurance solutions.
Expanding presence in the UK and North of England
Rowan Stone highlighted the growing opportunities in the North of England, where Guernsey firms have seen notable success. Manchester, in particular, has experienced stellar economic growth, driven by a diverse range of industries, including marketing, creative media, digital and technology, financial services, and life sciences. This vibrant business landscape presents a strong foundation for further collaboration and investment.
Strength in captive insurance and innovative structures
William Lewis underscored Guernsey’s global reputation in captive reinsurance, emphasising the advantages of its robust regulatory framework and innovative products such as the Protected Cell Company (PCC). These structures continue to attract interest from international firms looking for flexible and efficient risk management solutions.
Emerging opportunities in South Africa and the Middle East
Traditionally dominated by wealth management, markets such as South Africa and the Middle East are now witnessing the rise of family offices and institutional asset management. Grant McLeod, who leads business development in South Africa, noted significant growth in International Pension structures, Open and Closed-Ended Funds, and Wealth Management solutions that leverage Guernsey’s expertise. Further expansion opportunities are emerging in Nigeria, Botswana, and Morocco, as more investors seek sophisticated cross-border financial solutions.
Strengthening US ties through intermediary networks
In the US, Jonny Gamble’s efforts have focused on deepening relationships with intermediaries and asset managers. This strategic approach has not only raised awareness of Guernsey’s financial services but also positioned the jurisdiction as a highly efficient hub for global capital raising. With increasing demand for structured and well-regulated financial solutions, Guernsey’s proposition is resonating with US-based firms seeking stability and expertise.
Looking ahead to 2025
As we move into 2025, Guernsey’s ability to adapt, innovate, and build on its core strengths will continue to drive international business development. With a strong global network and a forward-thinking regulatory environment, Guernsey remains a prime destination for financial services firms looking to expand their reach.
At Belasko, we provide alternative investment fund managers with tailored and innovative fund administration solutions in Guernsey, Jersey and Luxembourg. Our expertise spans private equity, venture capital, private credit, and real estate, supporting clients with bespoke structures that align with their investment strategies. Powered by leading technology, we streamline fund operations, enhance transparency, and help our clients achieve their optimal target operating model with ease.
We look forward to another year of growth and collaboration with our partners across the world. If you’re interested in discussing our Guernsey funds offering in more detail, get in touch with Ross Youngs ([email protected]).
