Jersey fund AUM swells by 17%
New figures have revealed that fund assets serviced in Jersey grew to $481.2bn at the year ended June 2019, up 17.1% from 2018.
According to the 25th annual Monterey Jersey Fund Report, the number of services schemes increased to 1,336, an increase of 4.5%, while the total number of sub-funds recorded grew to 1,807, an uptick of 5%.
Softbank is the domicile’s largest management company with assets totalling $70.5bn,
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Categories: NewsFundraising & fund structuringDomiciles
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