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PraxisIFM Announces Record Results

PRAXISIFM has announced record results with group revenue jumping by 26% to £35.1m. This figure includes a £4.5m uplift in organic revenues during 2017 representing double-digit growth and five-year and 12-year growth rates of 17% and 13% respectively. The company has seen reported EBITDA grow by 29% to £8.3m and...

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Abu Dhabi Global Market Launches First Foundations Regime in the UAE

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, is pleased to launch the first of its kind Foundations regime in support of more effective structures for wealth preservation and wealth management. The ADGM Foundations regime provides a strategic platform for financial planning and structuring, serving as...

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PraxisIFM Trainee Administrator Shortlisted For ICSA Jersey Award

A TRAINEE administrator from PRAXISIFM has been shortlisted for ‘One to Watch’ in the ICSA Jersey Awards 2017. Sophie O’Halloran joined PraxisIFM in February 2017 within one of its private client teams. She quickly became an integral member of the team and has shown great potential. ‘Sophie is definitely one...

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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...

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New PraxisIFM Bursaries To Support Home-grown Talent In Guernsey

PRAXISIFM has launched its own bursary scheme aimed at developing future business leaders. Two students will join the bursary scheme every year and will receive a £2,500 annual bursary for the duration of their degree with up to six weeks of paid work guaranteed during the summer months. At the...

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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 –...

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New Graduate Training Programme Launched In Guernsey

PraxisIFM has launched a new 2 year graduate training programme based at it’s headquarters in Guernsey. The programme is designed to give successful applicants an understanding of the diverse operations within a progressive financial services organisation. Structured training, on-the-job experience and secondments to other Group offices will provide an in-depth...

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Young People Turn Trash Into Treasure With The Youth Commission And PraxisIFM

Young people in Guernsey can learn how to turn trash into treasure during creative workshops organised by the Youth Commission for Guernsey and Alderney and sponsored by PraxisIFM. The workshops, which will be delivered in 16 sessions by trained youth workers at the Youth Commission’s youth centres, focus on reusing...

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