The latest update from International Business Development Director James Crawford

We had a successful funds roadshow to South Africa in February. We held some informative breakfast briefings in Johannesburg and Cape Town and attended the SAVCA conference in Stellenbosch, which was well attended. We had great interest in Guernsey as a jurisdiction both for traditional investment firms and the private equity sector, and it's clear that the island is now being seen as a real competitor to Mauritius as a specialist global centre for Africa. The delegation also had the opportunity to network during the breaks at the conference.

We also organised some interesting meetings with South African investment managers and other financial institutions in Johannesburg and Cape Town where the delegation discussed real opportunities for Guernsey with one South African investment management firm advising that they were actually in the process of establishing their Guernsey management company.

For more information about Guernsey's finance industry please visit www.weareguernsey.com.

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