Jersey funds hit record £381bn assets

Mark Battersby
clock • 2 min read

Jersey's funds industry reached a new record at the end of 2020 seeing a 9% increase YoY to £378.1bn in assets under administration, the island's regulator has announced. This was driven by private equity, which rose 21%, and the growth to more than 400 Jersey Private Funds, the figures for the fourth quarter of 2020 (ending 31 December 2020), collated by the Jersey Financial Services Commission (JFSC), showed. The net asset value of regulated funds under administration in Jersey grew by £32.4bn annually to stand at £378.1bn. The increase reflects a period of sustained growth for J...

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