PraxisIFM has launched a new dedicated funds team in Jersey headed by managing director Pippa Davidson. The expansion of its Jersey office follows revenue growth of 12 percent across the group’s established funds divisions during the last financial year, and reflected, the firm said, the "ongoing attraction of Jersey’s fund sector."

Led by Ms Davidson, Praxis Fund Services (Jersey) Limited is regulated by the Jersey Financial Services Commission and has made a number of appointments over recent months. 

Ms Davidson joined the group from Fairway Group in April 2018 and is responsible for business developmen...