By continuing to use the GFSC site, you agree to the use of cookies. You can find out more by following this link.
Open Ended Schemes
Date | Number of Authorised/Registered Schemes | Net Asset Value of Schemes (£mn) | Number of Registered Holders | Total Value of Sales (£mn) | Total Value of Repurchases (£mn) | Net New Investment (£mn) | Gross Asset Values (£mn) | |||
| 30 June 2017 | 152 | +0.7% | 43,923 | -0.0% | 33,036 | +1.7% | 2,727 | 2,575 | 152 | 54,988 |
| 30 September 2017 | 150 | -1.3% | 43,903 | -0.0% | 33,325 | +0.9% | 2,281 | 1,981 | 300 | 54,783 |
| 31 December 2017 | 148 | -1.3% | 43,484 | -1.0% | 32,426 | -2.7% | 3,505 | 3,492 | 13 | 55,284 |
| 31 March 2018 | 144 | -2.7% | 41,812 | -3.8% | 33,695 | +3.9% | 2,596 | 2,728 | -132 | 56,367 |
| 30 June 2018 | 142 | -1.4% | 43,226 | +3.4% | 32,946 | -2.2% | 1,289 | 1,403 | -114 | 57,221 |
| Constitution | |||||
Investment Company | Protected Cell Company | Unit Trust | Incorporated Cell Company | Limited Partnership | Total |
| 45 | 61 | 28 | 7 | 1 | 142 |
| 31% | 43% | 20% | 5% | 1% | 100% |
| Other Information | |
Single class Schemes | Umbrella Schemes |
| 21 | 121 |
Analysis by MAIN Investment Style and Class.
Type | Authorised | Registered | Net Asset Values (£) | Exchange Listed | ||||
Total | % | Class A | Class B | Class Q | ||||
| Balanced | 9 | 6% | 0 | 9 | 0 | 0 | 1,285,862,429 | 2 |
| Debt | 19 | 13% | 0 | 16 | 1 | 2 | 4,404,487,515 | 3 |
| Derivatives | 2 | 1% | 0 | 1 | 0 | 1 | 589,150,894 | 2 |
| Equities/Securities | 60 | 42% | 0 | 47 | 7 | 6 | 17,800,754,928 | 13 |
| Feeder Fund | 6 | 4% | 0 | 6 | 0 | 0 | 1,420,013,248 | 2 |
| Fund of Hedge Fund | 27 | 19% | 0 | 19 | 5 | 3 | 11,456,270,575 | 5 |
| Hedge Fund | 2 | 1% | 0 | 2 | 0 | 0 | 238,295,573 | 0 |
| Insurance Related | 1 | 1% | 0 | 1 | 0 | 0 | 168,785,924 | 0 |
| Money Market/Cash | 1 | 1% | 0 | 1 | 0 | 0 | 234,118,137 | 1 |
| Private Equity | 1 | 1% | 0 | 0 | 1 | 0 | 77,100,353 | 0 |
| Real Property | 13 | 9% | 0 | 9 | 1 | 2 | 5,502,017,513 | 6 |
| Sharia | 1 | 1% | 0 | 1 | 0 | 0 | 7,836,771 | 1 |
| Special Situations | 1 | 1% | 0 | 1 | 0 | 0 | 41,627,688 | 1 |
| Total | 142 | 100% | 0 | 113 | 15 | 14 | 43,226,321,548 | 36 |
| Number of Cells of Umbrella Schemes | 1,137 |
| Class A Schemes | 0 |
| Class B Schemes | 113 |
| Class Q Schemes | 15 |
| Registered | 14 |
| Total | 142 |
Notes: Class A schemes are those which meet the Commission's Collective Investment Schemes (Class A) Rules 2002, and were thereby eligible for recognition by the UK Financial Services Authority for sale to the public in the United Kingdom by virtue of Guernsey's designation under Section 270 of the Financial Services and Markets Act 2000.
In addition to the United Kingdom there are nine other countries in which the Class A funds may be marketed to the public (upon application to the relevant authority) and these are: Australia, Belgium, Hong Kong, Japan, The Netherlands, The Republic of Ireland, South Africa, Sweden and Switzerland.
Class B schemes are authorised under the Protection of Investors Law 1987 and are subject to the Authorised Collective Investment Schemes (Class B) Rules 2013. They will also be considered for public marketing by the relevant authorities in the countries referred to above.
Class Q schemes, designed for qualifying professional investors, are also authorised under the Protection of Investors Law 1987 and are subject to the Collective Investment Schemes (Qualifying Professional Investor Funds) (Class Q) Rules 1998.
Registered schemes are registered under the Protection of Investors (Bailiwick of Guernsey) Law 1987 and are subject to the Registered Collective Investment Scheme Rules 2015.
The geographic breakdown of schemes is based on investments actually acquired by the scheme and does not take account of commitments or off-balance sheet positions.
Where investments are feeder funds or fund of funds structures, or assets held by holding vehicles, the breakdown is based on the country of incorporation/establishment of the fund(s) or holding vehicles into which the fund for which the Form 141 has been submitted invests.
Closed Ended Schemes
Date | Number of Authorised/Registered Schemes | Net Asset Value of Schemes (£mn) | Number of Registered Holders | Total Value of Sales (£mn) | Total Value of Repurchases (£mn) | Net New Investment (£mn) | Gross Asset Values (£mn) | |||
| 30 June 2017 | 658 | +0.3% | 167,225 | +1.8% | 77,714 | +3.3% | 6,689 | 7,027 | -338 | 182,945 |
| 30 September 2017 | 655 | -0.5% | 166,047 | -0.7% | 78,316 | +0.8% | 5,322 | 9,143 | -3,821 | 184,484 |
| 31 December 2017 | 658 | +0.5% | 166,481 | +0.3 | 73,675 | -5.9% | 8,511 | 11,576 | -3,065 | 184,903 |
| 31 March 2018 | 658 | 0.0% | 167,877 | +0.8% | 74,761 | +1.5% | 8,645 | 8,476 | 169 | 182,285 |
| 30 June 2018 | 659 | +0.2% | 168,244 | +0.2% | 74,423 | -0.5% | 6,382 | 9,806 | -3,424 | 183,795 |
Constitution | |||||
Investment Company | Limited Partnership | Unit Trust | Protected Cell Company | Incorporated Cell Company | Total |
| 170 | 433 | 25 | 27 | 4 | 659 |
| 25% | 66% | 4% | 4% | 1% | 100% |
Single class Schemes | Umbrella Schemes |
| 551 | 108 |
Analysis by MAIN Investment Style and Class.
Type | Total | % | Authorised | Registered | Net Asset Values (£) | Exchange Listed |
| Balanced | 2 | 0% | 0 | 2 | 843,774,193 | 1 |
| Commodities/Resources | 4 | 1% | 1 | 3 | 1,865,888,723 | 4 |
| Debt | 50 | 8% | 12 | 38 | 9,699,017,338 | 23 |
| Derivatives | 3 | 0% | 3 | 0 | 1,034,963,050 | 2 |
| Emerging Markets | 7 | 1% | 4 | 3 | 1,831,289,027 | 2 |
| Equity/Securities | 34 | 5% | 19 | 15 | 6,552,462,308 | 24 |
| Feeder Fund | 8 | 1% | 5 | 3 | 355,342,849 | 3 |
| Fund of Hedge Fund | 15 | 3% | 9 | 6 | 4,829,571,561 | 10 |
| Hedge Funds | 1 | 0% | 0 | 1 | 3,115,706,275 | 1 |
| Illiquid Assets | 2 | 0% | 0 | 2 | 484,088,142 | 1 |
| Infrastructure | 33 | 5% | 14 | 19 | 21,257,053,559 | 8 |
| Insurance Related | 3 | 0% | 0 | 3 | 177,224,033 | 1 |
| Litigation | 4 | 1% | 4 | 0 | 78,525,790 | 1 |
| Private Equity | 395 | 60% | 245 | 150 | 105,204,213,135 | 14 |
| Real Property | 76 | 12% | 34 | 42 | 9,692,272,851 | 25 |
| Special Situations | 7 | 1% | 2 | 5 | 268,201,610 | 1 |
| Technology | 3 | 0% | 0 | 3 | 24,554,508 | 0 |
| Venture Capital | 12 | 2% | 3 | 9 | 930,030,593 | 2 |
| Total | 659 | 100% | 355 | 304 | 168,244,179,545 | 123 |
| Number of Cells of Umbrella Schemes | 590 |
| Authorised | 355 |
| Registered | 304 |
| Total | 659 |
The geographic breakdown of schemes is based on investments actually acquired by the scheme and does not take account of commitments or off-balance sheet positions.
Where investments are feeder funds or fund of funds structures, or assets held by holding vehicles, the breakdown is based on the country of incorporation/establishment of the fund(s) or holding vehicles into which the fund for which the Form 141 has been submitted invests.
Total Funds Under Management
Date | Number of Schemes | Net Asset Value of Schemes (£mn) | Number of Registered Holders | Exchange Listed | Gross Asset Values (£mn) | |||
| 30 June 2017 | 810 | +0.4% | 211,148 | +1.4% | 110,750 | +2.8% | 176 | 237,933 |
| 30 September 2017 | 805 | -0.6% | 209,950 | -0.6% | 111,641 | +0.8 | 170 | 239,267 |
| 31 December 2017 | 806 | +0.1% | 209,965 | +0.0% | 106,132 | -4.9% | 166 | 240,187 |
31 March | 802 | -0.5% | 209,689 | -0.1% | 108,456 | +2.2% | 159 | 238,309 |
| 30 June 2018 | 801 | -0.1% | 211,470 | +0.8% | 107,369 | -1.0% | 159 | 241,016 |
Total Number of Schemes
Non-Guernsey Open Ended Schemes
Date | Number of Schemes | Net Asset Value of Schemes (£mn) | Restricted Activity | Exchange Listed | Gross Asset Values (£mn) | ||||
| Management | Administration | Custody | |||||||
| 30 June 2017 | 176 | 0.0% | 59,898 | +2.6% | 123 | 33 | 27 | 9 | 60,150 |
| 30 September 2017 | 177 | +0.6% | 59,014 | -1.5% | 123 | 34 | 27 | 11 | 59,214 |
| 31 December 2017 | 170 | -4.0% | 60,395 | +2.3% | 120 | 33 | 24 | 9 | 60,704 |
| 31 March 2018 | 167 | -1.8% | 52,853 | -12.5% | 120 | 33 | 21 | 9 | 52,992 |
| 30 June 2018 | 166 | -0.6% | 64,729 | +22.5% | 121 | 31 | 21 | 13 | 64,878 |
| Constitution | |||||
| Investment Company | Limited Partnership | Unit Trust | Protected Cell Company | Incorporated Cell Company | Total |
| 141 | 8 | 14 | 2 | 1 | 166 |
| 85% | 5% | 8% | 1% | 1% | 100% |
| Other Information | ||
| Single Class Schemes | Umbrella Schemes | Number of Cells of Umbrella Schemes |
| 118 | 55 | 782 |
Analysis by MAIN Investment Style and Class
Type | Total | % | Net Asset Values (£) | Exchange Listed |
| Balanced | 18 | 11% | 29,102,666,083 | 0 |
| Commodities/Resources | 2 | 1% | 2,216,022 | 0 |
| Debt | 5 | 3% | 51,966,942 | 0 |
| Derivatives | 2 | 1% | 185,945,119 | 0 |
| Equity/Securities | 39 | 24% | 17,181,266,188 | 6 |
| Feeder Fund | 6 | 4% | 300,353,031 | 1 |
| Fund of Hedge Fund | 62 | 37% | 7,254,648,215 | 3 |
| Hedge Fund | 14 | 9% | 2,545,932,961 | 3 |
| Insurance Related | 2 | 1% | 79,989,019 | 0 |
| Managed Currency | 2 | 1% | 19,249,612 | 0 |
| Private Equity | 9 | 5% | 7,432,440,626 | 0 |
| Real Property | 5 | 3% | 573,080,790 | 0 |
| Total | 166 | 100% | 64,729,754,608 | 13 |
Movements Within Period
| Type | Total as at 31 March 2018 | Approved in Quarter | Lost in Quarter | Total as at 30 June 2018 |
TOTAL OF OPEN-ENDED SCHEMES | 144 | 1 | 3 | 142 |
| Of which Authorised | 129 | 1 | 2 | 128 |
| Of which Registered | 15 | 0 | 1 | 14 |
| Of which QIF's | 22 | 0 | 0 | 22 |
| Of which PIF's | 2 | 0 | 0 | 2 |
| TOTAL OF CLOSED-ENDED SCHEMES | 658 | 15 | 14 | 659 |
| Of which Authorised | 359 | 5 | 9 | 355 |
| Of which Registered | 299 | 10 | 5 | 304 |
| Of which QIF's | 157 | 4 | 3 | 158 |
| Of which PIF's | 16 | 7 | 0 | 23 |
| TOTAL OF LICENCES | 648 | 15 | 10 | 653 |
| TOTAL OF NON-GUERNSEY SCHEMES | 167 | 10 | 11 | 166 |
| Of which QIF's | 21 | 0 | 3 | 18 |
For statistics from previous years, please see Archive of Investment Statistics.