Jersey alternative funds increase EU foothold

Jersey flagThe number of Jersey funds that are being marketed into Europe through private placement regimes under the Alternative Investment Fund Managers Directive (AIFMD) increased by 10% in the first half of the year. A total of 205 Jersey funds are now sold in this way, according to research by the Jersey Financial Services Commission (JFSC) for the end of June this year. The Commission also reports that 84 fund managers now have private placement authorisation, up 40% over the previous six months. The net asset value of all regulated funds under administration in Jersey has grown by around 9% year on year. It now stands at £218 billion (€190.4 billion), with alternative asset classes growing 15% annually. Last month, the European Securities and Markets Authority recommended Jersey for the first wave of non-EU countries that can obtain a marketing passport under AIFMD. ©2015 funds europe

Executive Interviews

INTERVIEW: Put your money where your mouth is

Jun 10, 2016

At Kempen Capital Management, they believe portfolio managers should invest in their own funds. David Stevenson talks to Lars Dijkstra, CIO of the €42 billion manager.

EXECUTIVE INTERVIEW: ‘Volatility is the name of the game’

May 13, 2016

Axa Investment Managers chief executive officer, Andrea Rossi, talks to David Stevenson about bringing all his firm’s subsidiaries under one name and the opportunities that a difficult market...


ROUNDTABLE: Beyond the hype

Oct 13, 2016

The use of smart beta investing continues to grow. Our panel, made up of both providers and users, discusses what the strategy actually means, how it should be used and the kind of pitfalls that may arise when using this innovative investment technique.

MIFID II ROUNDTABLE: Following the direction of travel

Sep 07, 2016

Fund management firms Aberdeen and HSBC Global meet with specialist providers to speak about how the industry is evolving towards MiFID II.