{"id":5433,"date":"2006-12-19T00:00:00","date_gmt":"2006-12-19T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"net-value-of-jersey-funds-soar-to-331bn","status":"publish","type":"post","link":"https:\/\/staging.hedgeco.net\/news\/12\/2006\/net-value-of-jersey-funds-soar-to-331bn.html","title":{"rendered":"Net value of Jersey funds soar to $331bn"},"content":{"rendered":"<p>Trade Arabia &#8211; The net asset value of funds under administration on Jersey&#8217;s Finance Industry has again risen to a new high of nearly \u00c3\u201a\u00c2\u00a3170 billion ($331.8 billion), with close to half of the totalfigure relating to specialist funds such as private equity, property and hedge funds.<\/p>\n<p>  The figures for the third quarter of 2006 are compiled by the island&#8217;s regulator, the Jersey Financial Services Commission, according to a senior official.<\/p>\n<p>  They also show that, whilst the number of banking licences dropped by one during the quarter, following the surrendering of a deposit taking licence by BBVA Privanza (Jersey) Limited, there was  still an increase in bank deposits to \u00c3\u201a\u00c2\u00a3187.6 billion.<\/p>\n<p>  This is a renewed upturn following a decrease in the level of bank deposits in the previous quarter.<\/p>\n<p>  The headline figures from the JFSC for the June to September 2006 quarter are as follows:<\/p>\n<p>  The Net Asset Value (NAV) of funds under administration in Jersey grew by \u00c3\u201a\u00c2\u00a310.1 billion to \u00c3\u201a\u00c2\u00a3169.8 billion.<\/p>\n<p><a href=\"http:\/\/news.google.com\/news\/url?sa=T&amp;ct=us\/0-0&amp;fd=R&amp;url=http:\/\/www.tradearabia.com\/tanews\/newsdetails_snCM_article116389_cnt.html&amp;cid=0&amp;ei=KQqIRfGdCojyoQLu0fG4DA\">Read CompleteArticle<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trade Arabia &#8211; The net asset value of funds under administration on Jersey&#8217;s Finance Industry has again risen to a new high of nearly \u00c3\u201a\u00c2\u00a3170 billion ($331.8 billion), with close to half of the totalfigure relating to specialist funds such [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5433","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5433"}],"version-history":[{"count":0,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5433\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}