Wealth, asset management and complementary financial services group TEAM plc has launched its new TEAM UCITS fund.
Established under European regulation, the fund will allow existing international clients and independent wealth managers to invest in 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.
The firm said the launch 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.
The new follows expansion of TEAM’s international advisory division over the last 12 months under the Company’s Concentric, Neba Private Clients and Neba Wealth brands.
Initial inflows into the TEAM UCITS fund are anticipated from both the Concentric and Neba adviser network, supported by alignment between existing client model portfolio allocations and the risk profiles of the new UCITS-ready portfolios.
TEAM’s MPS range had investment management revenues showing a +12.7% increase in yield in H1 2025, driven by higher client engagement and new assets under management, the company confirmed.
TEAM plc chair Mark Clubb said: “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.”