The Guernsey Financial Services Commission has published its investment statistics for the first quarter of 2021.
• Guernsey funds The total net asset value of Guernsey funds has increased in sterling terms during the last quarter by £18.1bn (7.4%) to £263.6bn. Over the past year, total net asset values have increased by £30.4bn (13%).
• Open-ended schemes Guernsey-domiciled open-ended funds decreased over the quarter by £1bn (-2%) to £48bn, an increase of £3.3bn (7.4%) in the past year.
• Closed-ended schemes The Guernsey closed-ended sector increased over the quarter by £19.1bn (9.7%) to £215.6bn, an increase of £27.1bn (14.4%) in the past year.
• Guernsey Green Funds Within the totals for Guernsey funds, Guernsey Green Funds held a total net asset value of £3.8bn at the end of the quarter.
• Non-Guernsey schemes Non-Guernsey open-ended schemes, for which some aspect of management, administration or custody is carried out in the bailiwick, had a net asset value of £36.1bn at the end of the quarter.
Note: The Non-Guernsey scheme regime was revoked by the Commission on 11 May. Quarterly NGS reporting will be replaced by extending annual reporting on activities in respect of investment assets serviced in Guernsey.