Team plc has announced the launch of its new Team UCITS fund, established under European regulation, offering European and global investors a gateway to Team’s Managed Portfolio Services range.
The UCITS launch follows receipt of final approvals from both the Central Bank of Ireland (CBI) and the Jersey Financial Services Commission (JFSC), and the signing of a Fund Services Agreement with EPIC Fund Services (Dublin) Ltd. Team will act as the investment manager of the new fund.
This milestone represents a significant enhancement to Team’s international fund offering, with the UCITS structure providing a highly suitable and regulated solution for international clients seeking qualifying offshore investment funds.
Mark Clubb (pictured), Chairman of Team plc, commented: “Execution remains key. The UCITS fund launch is central to Team’s strategic growth and our ambition to expand across global markets.
“By combining a world-class investment framework with regulatory rigour and a growing international advisory network, we are unlocking access to our solutions for a much wider audience. With the right support and continued adviser recruitment, we remain confident in delivering our mid-term targets and creating long-term value for all stakeholders.”
