Jersey's Finance Industry: Up To The Challenge

Jersey's finance industry has flourished in the last 50 years but it has continued to face challenging economic and global conditions during last year, with some mixed results. The statistics collated by Jersey Finance which were released in December 2011 show that for the quarterly period ending 30 September 2011:

• the net asset value of funds under administration in Jersey (excluding unregulated funds) increased by £1 billion during the third quarter to £197.6 billion;
• the total number of regulated funds increased by 42 to 1365 and the number of unregulated funds increased by 8% to 147 over the third quarter;
• the number of live companies on the register increased by 78 in the third quarter to 33,194;