Jersey Fund Survey 2013 Published
We are pleased to announce the publication of the second edition of the Jersey Fund Survey 2013!
Fund assets serviced in Jersey reached US$232.0bn at the end of June 2013, down 5.0% from 2012, the number of serviced schemes amounted to 1,091 and the total number of subfunds recorded 1,329.
For fund administration services across both domiciled and non-domiciled funds, State Street remained at the top of the table with US$56.0bn in assets, followed by Bedell Fund Services (US$26.9bn) and Aztec Group (US$20.0bn).
BNP Paribas is the largest custodian with US$24.1bn in assets, ahead of SG Hambros Trust.
Mourant Ozannes offered legal advice to 850 funds, followed by Ogier with 334 funds.
PricewaterhouseCoopers is the largest auditor with 529 funds ahead of KPMG and EY.
The largest fund promoter of Jersey domiciled schemes is ETF Securities (US$15.7bn), followed by Nordic Capital with $10.0bn