The value of assets under administration (AUA) in Jersey’s funds industry grew by 1.4 percent year-on-year, according to figures from Monterey Insight.
Total AUA stood at $593.5 billion as at June 2023.
Moreover, the number of serviced schemes increased by 16 percent year-on-year to 1,883 and the total number of sub-funds recorded were up to 2,390, representing a 12 percent increase.
Significa...