The total value of funds business in Guernsey grew by £2.7
billion (1.2%) during the fourth quarter of 2015.
Figures from the Guernsey Financial Services Commission (GFSC)
show that, at the end of December 2015, the net asset value of all
funds under management and administration in the Island stood at
£227.6 billion - an increase of £8.2 billion (3.7%) on
the same point in 2014.
Guernsey closed-ended funds increased by £2.2 billion
(1.6%) to £140.6 billion during the fourth quarter, while
Guernsey open-ended funds decreased in value by £0.7 billion
(-1%) to £39 billion. For closed-ended funds this represents
an increase of £4.8 billion (3.5%) over the year since 31
December 2014, while for open-ended funds it represented a decrease
of £0.7 billion (1.8%) for the same period.
