PwC maintain their leading position auditing 416 funds and sub-funds, and also take the lead position in the ranking by assets with US$130.2bn, as announced in the 26th edition of the annual Guernsey Fund Report published by independent industry research group Monterey Insight.
Commenting on the announcement, Tony Corbin, Director at PwC Channel Islands, who leads on Clients and Markets strategy in Guernsey, said:
“It is a brilliant achievement that we have retained our leading position yet again as the largest auditor of Guernsey serviced funds, as well as taking the top position in the ranking by assets. In these particularly testing times, Guernsey has demonstrated its resilience, capabilities and adaptability and continues to have a thriving investment management industry, being well-recognised as a global centre of excellence for investment funds, providing appropriate structures, a robust regulatory environment and first-class professional services. These latest accolades reflect our teams’ commitment both in Guernsey and across the Channel Islands to both our clients and to the local funds industry and I thank them for the part they continue to play in helping us consolidate these leading positions. In tough times as well as good, we maintain our focus on providing top quality advice to local and global organisations in all sectors of the financial services industry and we have considerable confidence in the future, whatever challenges and opportunities lie ahead."
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