Analysis & Insights
The Future is Bright for Jersey Funds
17 Dec 2018
Jersey's total funds business is up 18.7 percent year on year, with total net assets standing at US$411.1 billion. Alternative investments funds (AIFs) including private equity, hedge and real estate funds represent over 70 percent of all Jersey funds. The number of Jersey-based fund promoters has nearly doubled in the last five years. There has also been a 14 percent annual increase in fund managers seeking authorisation in Jersey to market their funds within the EU.
This article was first published in ePrivate Client's Jersey 2018/2019 report and looks at what has contributed to the growth in Jersey's funds business and why Jersey vehicles remain attractive for property funds.