Bringing together Middle Eastern money and managers
A significant number of family offices (FOs) of wealthy Middle Eastern patriarchs are looking for suitable investment opportunities while fund managers are seeking to raise capital from this potentially lucrative market. A number of FOs (both Muslim and non-Muslim) have been instructed by their clients to allocate money to investment funds which generally bode well within the context of Shariah principles. Middle Eastern FOs or other direct investors also increasingly demand quality and timely service provision. Therefore, many FOs are interested in Guernsey as a place to allocate investments. On the other hand, the attraction of Guernsey for the fund managers is that it can provide a European platform which is not actually in the EU and therefore can offer flexibility and proportionality.
Syndicate
