According to the latest figures from fund research firm, Fitzrovia International, in the year to June 30, assets under management in Jersey increased 12% to US$102.3 billion.
Fitzrovia revealed that assets in private equity/venture capital funds domiciled in the jurisdiction showed impressive growth, rising from US$10.0 billion in 90 funds to US$14.0 billion in 108 funds.
The number of alternative investment funds on the Island also increased over the year in question, to 123 funds/subfunds.
According to Fitzrovia, the largest fund administrator in the year to the end of June was the Royal Bank of Canada with US$24.6 billion in assets under administration.
PricewaterhouseCoopers reportedly maintained its position as the largest auditor of funds, coming in ahead of Ernst & Young and Deloitte & Touche.
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