27 January, 2022
We're delighted to announce we've maintained the leading position as the largest auditor of Guernsey serviced funds, auditing 439 funds and sub-fund. We also take the lead position in the ranking by assets with US$174.1bn, as announced in the 27th edition of the annual Guernsey Fund Report published by independent industry research group Monterey Insight.
Commenting on the announcement, Evelyn Brady, Managing Partner at PwC in Guernsey said:
“I am delighted that we have retained our market-leading position yet again as the leading auditor in ranking by both the number of Guernsey serviced funds as well as by assets under management. Despite the challenges of COVID-19, the Island has demonstrated its resilience, strength and adaptability and continues to be a well-recognised, global centre of excellence for investment funds, providing a robust regulatory environment, flexible structures and first-class professional services. Here at PwC, we recognise that our people are our biggest strength and we can only produce our best and highest quality work when we build a workforce made up of talented people with a breadth of experience who can bring innovation and fresh perspectives when it comes to client delivery. We are so proud of their unwavering commitment across the Channel Islands to growing the local funds industry even during such challenging times. We are confident that Guernsey will continue to serve an important role in the alternative funds industry, and will maintain its focus on providing top quality advice to both local and global organisations in all sectors of the financial services industry."