Fund domiciles in 2021: Jersey
Pros Fast and flexible
Cons Still viewed as offshore
Need to know Well-suited for small and emerging managers
Key statistics
As at Q4 2020:
£378.1bn Total net asset value of regulated funds under administration
403 Total Jersey Private Funds
89% Percentage of alternative funds in Jersey’s funds business
Source: Jersey Financial Services Commission
105 Limited Partnerships created in Q4 2020
Source: Jersey Finance
Recent developments
From 1 January 2021, self managed funds are required to demonstrate they have substance in Jersey for any financial period on or after this date.
Profile:
Categories: AnalysisFundraising & fund structuringDomicilesOutsourcingFund administrationRegs & ComplianceAIFMDDomicileTax
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