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ARTICLE · 22 AUGUST 2016

New Figures Confirm Jersey Is Continuing To Attract New AIFMs

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Figures revealed for Jersey-registered alternative investment fund managers (AIFMs) show a continuing rise in the six months to 30 June 2016.

JerseyWealth Management

Figures revealed for Jersey-registered alternative investment fund managers (AIFMs) show a continuing rise in the six months to 30 June 2016. 115 AIFMs have been authorised by the Jersey Financial Services Commission (JFSC) to market funds in Europe through national private placement regimes under the Alternative Investment Fund Managers Directive (AIFMD), a rise of 11% on the December 2015 figures. The JFSC also confirmed that 251 Jersey alternative investment funds were being marketed in Europe, a 9% rise. The value of Jersey's investment funds sector rose to its second highest since 2008 with significant increases in the private equity and real estate sectors.

The release of these figures follows the publication of advice by the European Securities and Markets Authority (ESMA) to the European Commission confirming that there are no obstacles to Jersey AIFMs obtaining a passport to market their funds into Europe. The advice reiterated ESMA's opinion expressed in

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