Guernsey Releases Q3 2013 Investment Stats

By Editorial 24 December, 2013

The net asset value of total funds under management and administration in Guernsey has decreased over the quarter ended 30 September, 2013 by GBP19bn (-6.6 percent) to GBP267bn, according to data released by the Guernsey Financial Services Commission (GFSC).

For the year since September 30, 2012, total net asset values decreased by GBP7.4bn (-2.7 percent).

Guernsey domiciled open-ended funds decreased by GBP5.1bn (-10.26 percent) over the quarter to GBP44.6bn. This represents a fall of GBP6.8bn (-13.2 percent) over the year since September 30, 2012.

The closed-ended sector decreased over the quarter, by GBP5.5bn (-3.8 percent) to reach GBP132.3bn. This represents an increase of GBP1.9bn (1.5 percent) over the period.

Non-Guernsey schemes, for which some aspect of management, administration or custody is carried out in the Bailiwick, decreased by GBP8.4bn (-8.5 percent) over the quarter to GBP90.4bn. Since September 30, 2012 the net asset value of this sector has decreased by GBP2.3bn (-2.4 percent).

The gross asset value of Guernsey open-ended funds as at September 30, 2013 was GBP60.5bn, a decrease of GBP7.3bn since June 30, 2013. That of the closed-ended sector was GBP148.7bn.

Tags: Investment | Financial Services | Investment Funds | Guernsey | Services | Expats |


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