The statistics indicate an increase of £5bn ($7.8bn, €6.6bn) in the net asset value of regulated funds in the region during the third quarter.
This means the funds have now grown to reach more than £205bn, which is the highest figure since March 2009. This is an average increase of 5.5% every year.
The number of regulated funds also jumped from 1,283 to 1,304, meaning an extra 21 regulated funds were added to the spectrum during the quarter.
Chairman of the Jersey Funds Association, Ben Robins, has put the positive trend down to a strong performance in the core private equity, real estate and hedge fund asset classes, and the growth in the debt and infrastructure fund spaces.
He said: “The fact that there is a strong upward trend across Jersey’s funds industry in the period since the AIFMD was implemented is very pleasing, both in terms of the value of funds business in Jersey, and of fund launches, which are well up on last year.
“All of these figures demonstrate good, steady growth and point to Jersey’s ongoing appeal for alternative funds business.”
“Attractive option”
Meanwhile, Jersey also saw a strong performance in the alternative asset classes, with private equity and real estate funds both growing by over 4% over the quarter, and real estate increasing by 33% year-on-year.
Chief executive of Jersey Finance, Geoff Cook, said: “The private placement route into the EU, meanwhile, remains a very attractive option for fund managers based outside the EU.”
Cook also said both Jersey Finance and the Jersey Funds Association are together coordinating a response to the European Securities and Markets Authority’s (ESMA) consultation paper on whether the AIFMD passport should be extended to third countries.
