![Headshot of Bryon Rees](/media/miui1smx/bryon-rees.jpg?cc=0.27583114985665647,0.11601567487815295,0.22764580307881177,0.13844303011061293&width=1440&height=1440&quality=90)
Bryon Rees
Partner | Legal
Guernsey
![Headshot of Bryon Rees](/media/miui1smx/bryon-rees.jpg?cc=0.27583114985665647,0.11601567487815295,0.22764580307881177,0.13844303011061293&width=300&height=300&quality=90)
Bryon Rees
Partner
Guernsey
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News
29 September 2016
Guernsey
Funds figures that show the net value of funds under management and administration in Guernsey has reached nearly a quarter of a trillion pounds have been welcomed by Ogier investment funds specialist Bryon Rees.
Statistics from the Guernsey Financial Services Commission show the 12-months leading up to June saw a 12.3% increase in the net asset value of all funds under management and administration to £247.1 billion.
Bryon said that a combination of factors and positive news, including some large launches and the birth of the manager-led product had all played their part in the healthy figures – adding that all the indications were that the growth now running for four consecutive quarters would continue.
He said: "We have seen increases across a range of activity including closed-ended and open-ended funds managed here, and non-Guernsey schemes.
"Again we're looking at a set of healthy figures reflecting confidence in the island, and that's what we'd expect to see after the positive ESMA passporting verdict."
Bryon Rees
Partner | Legal
Guernsey
Bryon Rees
Partner
Guernsey
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