Jersey courting Asian investors as funds domicile

Jersey is touting its credentials as a funds domicile to Asian investors, but faces an uphill battle to compete with established jurisdictions such as the Cayman Islands and new contenders including Hong Kong. Members from Jersey Finance, a promotional agency, visited Hong Kong last month to meet institutional investors and fund managers to talk up the UK island’s appeal as an offshore centre. Its aim is two-fold: to encourage Asian fund firms, notably private equity and real es…