The value of regulated funds serviced in Jersey has broken
through the £300bn barrier for the first time, according to
the latest figures to be collated by the jurisdiction’s
regulator the Jersey Financial Services Commission (JFSC).
Figures for the third quarter of 2018 (ending 30 September 2018)
show that the net asset value of regulated funds under
administration in Jersey grew 14% year-on-year to stand at
£301.7bn, the highest recorded figure to date.
The statistics also show that all the alternative asset classes,
which represent 82% of Jersey’s total funds business,
recorded an annual increase of 26%. Specifically, private equity
fund values rose by a considerable 41% to £89.6bn, hedge fund
values increased by 18% to £56.8bn and real estate funds by
11% to £40.7bn. The combined total of infrastructure, credit
and debt funds also showed impressive growth, increasing by 26% to
stand at £59.5bn.
