Guernsey Fund Survey 2013 published!
We are pleased to announce the publication of the second edition of the Guernsey Fund Survey 2013.
Fund assets serviced in Guernsey stood at US$397.5bn at the end of June 2013, a growth of 8.9% compared to last year. The number of serviced schemes declined to 1,031 and the total number of subfunds fell to 1,518.
For fund administration services of both domiciled and non-domiciled funds, Northern Trust is the largest administrator by total net assets (US$68.5bn), with Ipes (US$45.3bn) and Apax Partners (US$35.4bn) ranked second and third.
Among legal advisers, Carey Olsen offered legal advice to 726 funds, followed in second place by Mourant Ozannes with 360 funds.
PricewaterhouseCoopers maintained its lead for Guernsey serviced funds, auditing 385 funds ahead of KPMG with 367 funds.
The largest fund promoter of Guernsey domiciled schemes is Apax Partners (US$35.4bn), followed by EQT Partners (US$21.4bn).