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PraxisIFM reports revenue increase

PraxisIFM Group has reported a strong increase in revenue of 21%. Key highlights from the 2018 Annual Results, announced on Thursday 20 September: Revenue up to £42.5m Adjusted EBITDA of £9.9m, up from £9.0m (2017) Significant investment in platform while maintaining gross profit margin Organic growth of 11% Dividend payment...

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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...

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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...

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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...

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Acquisition of Jeffcote Donnison

PraxisIFM has made its fifth acquisition in a ten-month period with the purchase of Jeffcote Donnison’s (JD) trust and corporate administration business. The deal adds the Isle of Man to the independent financial services Group’s list of global jurisdictions and also extends its existing operations in London and Hong Kong....

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Citywealth IFC Awards 2019

We are delighted to announce that we’ve been nominated for two awards in Citywealth’s IFC Awards 2019. PraxisIFM has been shortlisted for Trust Company of the Year – Guernsey, and Director Matt Litten’s expertise has been recognised as he is on the shortlist for Trustee of the Year – Channel...

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