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Seven Investment Management (7IM) has received regulatory approval from the Jersey Financial Services Commission (JFSC) to open its Jersey office next week in town.
7IM’s Jersey office will be led by Grant Hamilton, who was previously a director of Rathbones in Jersey.
Stewart Sanderson, Head of Private Client, 7IM said: “This expansion is an exciting part of our evolution and adds a Jersey base to complement our existing offshore offering. It provides a physical presence to help us offer discretionary management alongside our suite of services, including Dublin domiciled active and actively managed passive funds, and an open architecture platform with custody arrangements in Jersey.
“We continue to see strong demand in Jersey for our discretionary investment services and platform. We feel Jersey is as an important international centre and a key part of our long term strategic development.”
Grant Hamilton, Relationship Manager and Head of the Jersey branch, added: “It is a real privilege to be leading 7IM’s Jersey team and to have played a part in making this happen. 7IM has an exciting cost effective offering, combining discretionary management services and the offshore fund range with innovative platform service, technology and advanced reporting, something that sets us apart from many. We are looking forward to working with trustees, consultants, financial planners, private clients and their advisers who will be able to benefit from our award winning approach.”
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