Independent fund research company, Monterey Insight, has once again confirmed Aztec Group as the leading fund administrator in the Channel Islands, with US$324.9 billion of assets under administration across both Jersey and Guernsey.
The reports also showed that the Group holds the top spot among the Channel Islands’ transfer agents, with total net assets of US$296 billion.
For fund administration services across both domiciled and non-domiciled funds in Jersey, Aztec maintains the largest market share for fund assets under administration for the eighth consecutive year, with US$224.8bn in assets. Among transfer agents, the Group also maintains its lead, with total net assets of US$208.1bn.
In Guernsey, Aztec Group’s assets under administration total US$100.1bn, putting it in lead position for the asset classes that it administers.
Aztec Group Chief Strategy and Innovation Officer, Matt Horton, said: “As an increasingly global business that has our roots in the Channel Islands, we are really pleased to have once again maintained our position as the fund industry’s leading administrator. The latest reports once again demonstrate the key role that both islands play in providing market leading advice to the global financial services industry.”
“This is an incredible achievement, built through many years of sustained growth and trusted relationships with our clients. We are immensely proud of our teams in Jersey, Guernsey and the wider Group for their professionalism, unwavering commitment, and dedication to providing the best possible service.”
The annual Jersey and Guernsey Fund Reports provide in-depth analysis of the islands’ funds industries and service providers, including administrators, legal advisors, and auditors.
