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What's New In Investments, Funds? – Praxis Group, Investec, Axiom

Editorial Staff 2 April 2024

What's New In Investments, Funds? – Praxis Group, Investec, Axiom

The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.

Praxis Group
Guernsey-listed Praxis Group has launched a range of extended solutions in the company secretarial space.

Praxis is initially focusing on an enhanced global company secretarial (CoSec) provision for the UK, Jersey and the United Arab Emirates markets. 

The group – listed on Guernsey’s TISE exchange – is rolling out two off-the-shelf solutions: CoSec LITE, which provides essential compliance and governance support and is ideal for businesses seeking assistance in meeting their statutory obligations; and CoSec Classic, which delivers a broader range of services to companies and structures requiring a higher level of support.

The service is delivered via integrated board and entity management software solution, Diligent, supported by Praxis’ team of Chartered Governance Institute-qualified professionals. They work with international businesses, HNW individuals, family offices, funds, law firms and other professional advisors to provide expert assistance.

The new services are being led by Praxis’ Ava Fairclough, who has over 15 years of experience in the corporate services sector. 

Investec has just launched a real estate equity strategy, Investec REALIS, which provides global investors with access to institutional-quality UK real estate. The fund has a ÂŁ250 million ($315 million) deployment target within two years.

Investec said it will commit equity to every acquisition alongside investors, who will benefit from the former’s established, data-led deal origination platform.

Over the next two years, REALIS aims to deploy, with leverage, ÂŁ250 million into two main investment theses: asset development or repositioning, with a focus on highly liquid markets; and distressed transactions, where the underlying investment benefits from strong long-term fundamentals. The strategy is led by Yon Papageorgiou, head of real estate equity investments, the firm said in a statement.

The launch of REALIS follows a period of repricing within select parts of the real estate market, offering an attractive entry point into sector, the firm added. REALIS recently closed its first investment, acquiring 255 High Street, a refurbished, 45,500 sq ft Grade-A, EPC A-rated office in central Guildford. The transaction was funded with equity commitments from investors based in the UK and the Channel Islands, Switzerland and South Africa.

Axiom Alternative Investments
Axiom Alternative Investments, an asset manager specialising in European financial stocks, has just launched its new Long Short Equity Fund, as it extends its equity range.

The launch complements its Axiom European Banks Equity, a long-only fund specialising in European banking equities. The fund, which was launched 10 years ago, has outperformed the European Banks Stocks index (SX7R) by 52.08 per cent since inception.  

The new fund, Axiom Long Short Equity, is designed as an investment solution with an absolute return objective. It aims to replicate the outperformance of Axiom European Banks Equity above the Stoxx 600 Banks index (SX7R) with lower volatility and downside risk than long-only management. Axiom Long Short Equity will be managed by Antonio Roman, who is the lead portfolio manager of Axiom European Banks Equity.

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