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ARTICLE · 24 APRIL 2024

Channel Islands Funds Update: Q1 2024

In our latest Channel Islands funds update, we round up recent legal and regulatory developments in Jersey and Guernsey.

GlobalFinance and Banking

In our latest Channel Islands funds update, we round up recent legal and regulatory developments in Jersey and Guernsey.

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Jersey developments

JPF growth continues

Jersey Finance's Q4 2023 statistics showed that the growth in Jersey Private Funds has continued. Despite a quiet quarter in general, there was a 4.2% increase in the number of JPFs, which stood at 692 as at 31 December 2023. Elsewhere in the statistics, the number of regulated collective investment funds and the assets under administration in regulated fund structures both fell slightly to 624 and £452.2 billion respectively.

Total funds under investment management on island increased from £31.3 billion to £32.8 billion.

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