In the article, Elliot speaks about the effects of disruption on capital raising and investment flows and specifically how Jersey has not only remained resilient but has enhanced its position.
He quotes from a recently published report from IFI Global on the evolution of international fund jurisdictions, which found that Jersey is well positioned thanks to its long-term approach over the past two decades to adopting robust and proportionate regulation, developing an expert infrastructure and maintaining a platform of stability, balanced against its commitment to delivering innovative solutions.
Additionally, Elliot reflects on the recently published ‘Jersey’s Contribution to Global Value Chains’ report, which highlights that the capital intermediated specifically by Jersey’s funds sector supports an average of £29.3 billion of global economic output annually – equivalent to 0.05% of world GDP.
Looking to the future, he considers how, as the world emerges from the pandemic and as political fragmentation persists, secure, certain conduits for supporting targeted and efficient capital flows are vital in rebuilding economies and communities, and how the global funds industry – particularly the private equity, real estate and infrastructure asset classes – has a big part to play in that.
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