PwC maintains leading position as the largest auditor of Jersey serviced funds
29 January, 2024
PwC maintain their leading position auditing 588 funds and sub-funds, and also take the lead position in the ranking by assets with US$149.9bn, as announced in the 29th edition of the annual Jersey Fund Report published by independent industry research group Monterey Insight.
Commenting on the announcement, Mike Byrne, Partner and Asset Management Leader at PwC Channel Islands, said:
"I'm delighted that we have retained our market-leading position in Jersey once again as the largest auditor of Jersey serviced funds. Despite the current economic challenges, the Island has demonstrated its resilience, strength and adaptability and continues to be a well-recognised, global centre of excellence for investment funds, providing flexible structures, a robust regulatory environment and first-class professional services. This news reflects our teams' commitment to both our clients and to the local funds industry and we're so proud of them for the part they continue to play in helping us consolidate this leading position for a number of consecutive years. I’m also confident that Jersey will continue to play a really important role in providing top quality advice to both local and global organisations across all sectors of the financial services industry."
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