The number of investment funds domiciled in Guernsey is at its
highest level in almost a decade, according to the latest figures
from the Guernsey Financial Services Commission (GFSC).
The GFSC's statistics for Q1 2022 confirm that the current
total of 855 investment funds is the biggest since 859 at the end
of Q3 2012.
There is also an increase in value, with the net asset value
(NAV) of funds rising by £6 billion (2%) over the quarter,
leading to a £45.9 billion improvement over 12 months.
Chair of the
Guernsey Investment & Funds Association Jo Peacegood
said it was fantastic to see the figures continuing to increase:
"Even more so, to see the increase in the total number of
schemes, demonstrating that this growth is not just due to market
factors but due to new schemes being launched.