Jersey Finance’s New York office is opening a new office in New York as it looks to promote the jurisdiction as a gateway to Europe for US alternative fund managers.
The news follows the jurisdiction’s financial regulator, Jersey Financial Services Commission (JFSC), announcing that the value of regulated funds serviced in Jersey rose by seven percent to a new record high in the first half of 2019.
New figures revealed the net asset value of regulated funds under administration in Jersey grew by £22.1 billion over the first six months of the year to stand at £342.1 billion, a figure that has grown by more than 70 ...