TEAM plc plans international expansion into Europe and beyond with £1bn in AuM

Jersey-based TEAM said today (28 March) its “aim is to be in a great many more places and jurisdictions, including Europe (MiFid II) and further afield in markets such as the Cayman Islands and Bermuda”.

The AIM-listed wealth, asset management and financial services group revealed the plans to expand its international footprint in its final results for the year to 30 September 2023, while reporting a 51% rise in assets under management and advice from £551m to £833m, and as at 28 February 2024, £1bn.

TEAM already has hubs in Singapore, Kuala Lumpur, Abu Dhabi, Dubai, Durban, and Nairobi in addition to Jersey with a further presence in Guernsey “soon to be established, headed by new senior recruit, Mark Chipperfield”.

TEAM plc (LON:TEAM) is building a new wealth, asset management and complementary financial services group. With a focus on the UK, Crown Dependencies and International Finance Centres, the strategy is to build local businesses of scale around TEAM’s core skill of providing investment management services.

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