The Guernsey Financial Services Commission has released investment figures for the third quarter of 2023. The key points include:
• Guernsey funds The total net asset value of Guernsey funds at the end of the quarter was £288.8bn, an increase over the quarter of £2.8bn (+1.0%). Over the past year, total net asset values have decreased by £13.9bn (-4.6%).
• Closed-ended schemes Within these totals, Guernsey closed-ended funds increased over the quarter by just under £2.4bn (+1.0%) to £239.4bn. This represents a decrease of £9.7bn (-3.9%) in the past year.
• Open-ended schemes The Guernsey-domiciled open-ended sector increased over the quarter by just under £0.5bn (+1.0%) to £49.4bn. This represents a decrease of £4.2bn (-7.8%) in the past year.
• Guernsey Green Funds Within these totals for Guernsey funds, Guernsey Green Funds held a total net asset value of £5.5bn at the end of the quarter.
The full set of statistics is available here.