Praxis re-enters Jersey fund administration market
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Praxis re-enters Jersey fund administration market 09 April 2025Jersey Reporter: Jack McRae
Image: stock.adobe.com/Gail Johnson
Praxis has re-entered the Jersey fund administration market.
This comes after the firm secured a Jersey Fund Services Business Licence.
Praxis says that its re-entry into the funds market is a strategic move designed to meet the growing demand for independent administration services.
Ava Fairclough, group head of corporate and funds at Praxis, says: “Receiving our FSB Licence marks a pivotal moment for Praxis as we strengthen our fund administration capabilities.
“In an increasingly consolidated market, clients tell us they want more than scale – they want partners who know them, understand their ambitions, and respond with agility.”
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Image: stock.adobe.com/Gail Johnson 