A year after the introduction of the expert fund regime, Graeme McArthur looks at the positive side of this development for Jersey's fund industry
Jersey is experiencing significant inflows into its alternative investment funds industry, one year on from the introduction of the streamlined expert fund regime. The latest figures from the Jersey Financial Services Commission show that specialist funds such as private equity, property and hedge funds now comprise £46.8bn of Jersey's £104bn fund industry. This represents a near doubling in value of the specialist funds sector over 12 months which now represents 45% of all fund types administered in Jersey. The positive report card is an endorsement of the industry's decision to actively...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes