Ipes enjoys rapid growth

Friday 29th January 2010, 2:59PM GMT.

Ipes managing director Andrew Mason Picture: JON GUEGAN (00875283)

A JERSEY funds business that started with two people two years ago now employs over 20 and is recruiting more.

And Ipes Jersey has been further boosted by winning a mandate for administration services for a London stock exchange-listed fund focusing on the Bulgarian market.

Ipes has offices on the Esplanade and managing director Andrew Mason said that the business was growing strongly. He said that he was pleased with its performance during a period of what had otherwise been difficult market conditions.

‘It started with two of us in January 2008 and two years later our team is over 20 strong and still growing. In fact I am in the process of conducting interviews to recruit both a junior and a senior member of staff to further strengthen the business,’ said Mr Mason.

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