Evolution of the fund domiciles

How a group of small islands became the bases for the industry’s international funds is rarely if ever discussed. They were joined by Ireland and Luxembourg. A look back and forward at the evolution of the fund domiciles.

To understand how the asset management business might develop in future it is a good idea to know something about how the international fund jurisdictions, on which this industry depends, are evolving.

BVI, Bermuda, Cayman, Guernsey, Ireland, Jersey and Luxembourg are currently the world’s main international fund domiciles. Each got there at slightly different times and often for different reasons. They are continuously evolving, which they need to do in order to stay competitive.

To read more on this story see the August issue of The NED.