The total value of funds business in Guernsey is at a five-year
high following a predicted rise in net asset value in Q2 2018,
according to the latest figures from the Guernsey Financial
Services Commission.
The figures for the end of June 2018 showed the net asset value
stood at £276.2 billion, the highest since the end of June
2013, and a growth of more than £13 billion (4.94%) on Q1
2018 and a 12-month growth of more than £5 billion
(1.9%).
Private equity business was a significant contributor, with a
near-£7 billion (6.6%) increase on Q1 to £112.7
billion, accounting for more than half of the overall increase.
Guernsey-domiciled closed-ended funds are at an all-time high,
standing at £168.2 billion following a quarterly increase of
£0.4 billion (0.22%) and an annual rise of £1 billion
(0.61%).
