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ARTICLE · 01 MARCH 2019

Alternative Managers Continue To Find Market Access Certainty Through Private Placement

The reality is that few managers need blanket access to all EU Member States.

JerseyFinance and Banking

Jersey's funds industry continued to see a rise in the number of alternative fund managers choosing to market their funds through national private placement regimes (NPPRs) in the second half of 2018, according to the latest figures from Jersey's financial regulator.

Data from the Jersey Financial Services Commission (JFSC) shows that the number of Jersey-registered managers opting to market into the EU through NPPR rose 4% between July and December 2018, and by 13% compared to December 2017, to stand at 168.

Meanwhile, the total number of Jersey alternative funds being marketed into the EU through NPPR also increased to stand at 314, representing a 3% increase since June 2018 and an 8% rise year-on-year.

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