The value of Guernsey
Funds has increased over the quarter ended 31 March 2012 with the net asset
value of total funds under management and administration up by £8.7 billion
(3.3%) to reach £270.1 billion. For the year since
31 March 2011, total net asset values increased by £6.4 billion (2.4%). The
recovery of the majority of the previous quarter’s decrease of approximately
£10 billion can be attributed to a number of closed-ended funds and non-Guernsey schemes
launching during the quarter.
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