Third Quarter Investment Statistics 2016

The net asset value of total funds under management and administration has increased in Sterling terms over the quarter ended 30 September 2016 by £2 billion (0.9%) to £249.4 billion.  For the year since 30 September 2015, total net asset values increased by £24.6 billion (10.9%). 

Within these totals Guernsey domiciled open-ended funds increased by £4.3 billion (10.4%) over the quarter to £45.6 billion.  This represents an increase of 6.2 billion (15.7%) over the year since 30 September 2015.

The closed-ended sector decreased slightly over the quarter by £0.8 billion (-0.52%) to £152.6 billion.  This represents an increase of £14 billion (10.11%) over the year since 30 September 2015.

Non-Guernsey schemes, for which some aspect of management, administration or custody is carried out in the Bailiwick, decreased by £1.2 billion (-2.3%) over the quarter to £51.2 billion.  Since 30 September 2015 the net asset value of this sector has increased by £4.2 billion (8.93%).

The gross asset value of Guernsey open-ended funds as at 30 September 2016 was £60 billion, implying an average gearing level of 31.57%.  The gross asset value represents an increase of £4.8 billion since 30 June 2016.

In the closed-ended sector, the gearing level is similar, with gross asset values of £165 billion (June 2016: £168 billion) implying a gearing level of 8.12%.

The gearing implicit in non-Guernsey open-ended collective investment schemes is approximately 1%, based on gross asset values of £51.5 billion (June 2016: £52.8 billion).

 

The detailed statistics are available here.

 

Enquiries to: Emma Bailey, Director Investment Supervision and Policy Division

 

Tel: (01481) 712706  Fax: (01481) 726952

International Dialling Code: +44 1481

E-mail: [email protected]

 

January 2017