Jan 23

Guernsey Financial Services Commission (GFSC) has confirmed a further quarter of growth for the Bailiwick’s investment funds sector. The net asset value of funds under management and administration grew by £2bn to £249.4bn in the quarter ending 30 September 2016. Overall, total assets increased by some 10.9% or £24.6bn over the twelve months to the end of September.

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Estera has acquired Heritage Financial Services Group.

Estera is a leading global provider of fiduciary and administration services. The 
acquisition of Heritage Financial Services Group is central to the expansion of 
our funds service line and also expands jurisdictional choice for our trust and 
corporate clients.

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