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Guernsey sees funds under management recover in Q4 of 1998

Funds under management in Guernsey picked up in the last quarter of 1998 following falls in the second and third quarter.


In the last quarter, the value of assets under management increased by just under £1bn, an increase of 6.6 per cent to reach £15.7bn.


The total number of funds reached 393. Guernsey says that 33 other fund applications are in the pipeline.

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