The Isle of Man Financial Services Authority published its latest quarterly funds bulletin with aggregate data for the island’s funds sector as of 31 March 2026. Total net asset value across all schemes fell 3.31% from the previous quarter to USD11.96 billion, while the number of schemes stood at 177 after three new schemes and four cessations during the quarter. The decline was driven mainly by overseas-related business. NAV for overseas schemes fell 6.62% to USD7.05 billion, partly offset by an 8.79% increase in services to overseas fund managers or administrators, which rose to USD1.98 billion. Total Isle of Man schemes fell 3.11% to USD2.49 billion, with regulated funds down 20.81% and authorised schemes down 6.54%, while qualifying funds rose 5.03% and specialist funds were broadly stable. Among non-Isle of Man funds administered or managed on the island, Cayman was the largest origin with 61 funds, ahead of Bermuda, the British Virgin Islands, Jersey and the United States.