Funds

HomeNews & Views › Funds

New legislation enhances Jersey Fund offering

The introduction of new legislation in Jersey, which will enable the establishment of Limited Liability Companies (LLCs), has been welcomed by Pippa Davidson, Managing Director of Praxis Fund Services in Jersey. ‘This move by the States of Jersey will provide clients with the option to use LLCs, similar to those...

Read more

Pippa Davidson joins list of speakers at key CI conference

  The Channel Islands Funds Forum – ‘Untangling Complexities in Challenging Times’ will take place from 9am – 3pm on Wednesday 26 September at the Hotel de France, St Helier, Jersey. As in previous years, the conference will bring together leading funds practitioners from the CI and beyond to discuss...

Read more

AIFMD – The New Normal

July 22, 2018 marked the four-year anniversary of the Alternative Investment Fund Managers Directive (AIFMD) legislation coming into full effect throughout the European Union, including the end of the one-year grace period. There had been concerns from the financial sector surrounding the legislation in the years leading up to its...

Read more

Guernsey Regulation Ideal For South African Investment Vehicle

PRAXIS Fund Services Limited (PFS) has supported one of its long-established clients through a second successful rollover and fund-raising. The Guernsey-registered Closed-Ended Investment Company, Asia Pacific Basket Limited (APBL), raised USD109m through a combination of existing and new investors and offers exposure to a basket of major international indices while...

Read more

IFM’s expertise a boost for KID clients

Our experience of producing key investor documentation to clients under existing UCITS regulation has enabled us to create a one-stop solution for in-house and third party clients affected by the new Packaged Retail and Insurance-based Investment Products (PRIIPs) regulation. Here, Shaun Robert, Director of IFM, discusses the requirements. Summary The...

Read more

PraxisIFM Granted Fund Licence In ADGM

PRAXISIFM is the first fund administrator to be authorised in Abu Dhabi Global Market (ADGM) to offer a full suite of fund administration services. The independent and owner-managed financial services group has been granted a licence to act as an administrator of collective investment funds. Last year it was authorised...

Read more

Biggest Quarter Growth In Four Years For Guernsey Funds Sector

The Guernsey funds sector enjoyed its biggest growth in four years during the first quarter of 2017. The latest figures from the Guernsey Financial Services Commission show that the net asset value of funds under management and administration in the island grew by £10.6 billion (4.1%) over the quarter –...

Read more

PraxisIFM Funds Group Appoints Two New Directors Due To Business Growth

Continued business growth has led to the appointment of two new directors at PraxisIFM Funds Group in Guernsey. Shaun Robert has joined as a director of International Fund Management Limited and Lorna Morton becomes a director of Praxis Funds Services Limited. Mr Robert has more than 25 years’ experience throughout...

Read more