The Appleby Jersey team provides comprehensive insight into legal trends and developments in the fund finance market.
Jersey funds Overview
As an international financial centre of choice for global investments primarily into the UK and Europe, Jersey is currently home to over 620 regulated funds with an aggregate net asset value (NAV) of approximately £458 billion (Q2 2024) and over 1,963 separate pools.
In addition, the ever-popular Jersey Private Fund (JPF) (a lightly regulated vehicle for professional investors) continued its stellar growth with 699 now registered, exceeding the number of fully regulated funds. This is only likely to increase given the changes made to the JPF regime, including the removal of the investor cap and better aligning the professional investor definition with the US market.