Biggest growth in four years for Guernsey funds

Latest figures from the Guernsey Financial Services Commission show that the island’s funds sector enjoyed its biggest growth in four years during the first quarter of 2017. The net asset value of funds under management and administration in the island grew by £10.6 billion (4.1%) over the quarter – the highest margin of growth since the first quarter of 2013, when funds grew by £19.7 billion. From the end of March 2016, total net asset values increased by £28.6 billion (12%).

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