UK - Guernsey's fund servicing industry has grown impressively over the last year, with all fund assets serviced on the island rising by 11% to reach US$51bn as at 30 June 2002 (up from US$45.8bn a year ago), according to latest research from Fitzrovia International.
Assets invested in funds of funds increased from US$5.3bn to US$7.7bn over the 12 month period. Guernsey International Fund Managers strengthened its position as the largest fund administrator, ...
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