The Guernsey Financial Services Commission released its Investment Statistics Summary for fourth quarter 2025, reporting that the total net asset value (NAV) of Guernsey funds was GBP 272.8 billion at quarter-end, virtually unchanged from the previous quarter. Over the year, total NAV declined by GBP 17.3 billion (5.9%). Within the total, closed-ended schemes fell by GBP 1.6 billion (0.7%) over the quarter to GBP 224.4 billion, taking the year-on-year decline to just under GBP 13.9 billion (5.8%). Open-ended schemes increased by GBP 1.6 billion (3.4%) over the quarter to GBP 48.4 billion, but were down GBP 3.4 billion (6.6%) over the year. Guernsey Sustainable Funds accounted for GBP 4.5 billion of NAV at quarter-end.