Bermuda's total number of investment funds slipped slightly to 780 in Q1 2025, down from 784 in the previous quarter, according to new data from the Bermuda Monetary Authority. That represents a 0.51 per cent quarterly decrease in fund registrations.

Despite small fluctuations, the report suggests Bermuda’s fund sector is remaining stable.

The net asset value of all Bermuda-registered funds also declined to $292.2 billion, a 1.61 per cent drop from Q4 2024. This follows a two-quarter rebound, suggesting potential market cooling after a strong 2024.

Among fund categories, private funds dipped from 193 to 191, although NAV remained strong at $43.8 billion.

Professional closed funds rose to 117 from 115, continuing a growth trend that began in 2024, with NAV climbing to $67 billion, a near 20 per cent year-on-year increase from Q1 2024.

Institutional funds declined slightly in number and NAV, dropping to 146 funds and $60.2 billion, down from $64.3 billion in the last quarter.

Standard funds held steady at 76, with NAV increasing slightly to $71.8 billion.