JTC Group has formed alliance partnerships with two firms within the EU to widen its geographical reach.
The alliances are with Trust Company Amsterdam in the Netherlands, which has a strong focus on corporate structuring work, and Aspen Trust Group in Cyprus, which provides a range of services to both private and corporate clients, including structuring cross-border solutions.
JTC Group chairman and chief executive Nigel Le Quesne (pictured) says: “Our ‘Alliance Partner’ strategy is to extend our international reach and provide additional services to our worldwide client base. There is a growing trend for clients to seek flexible, multi-jurisdictional solutions and through these two alliances with high quality partners based in EU locations, we will have greater capabilities in servicing new clients in growth markets including Russia.”
Andreas Athinodorou, CEO, Aspen Trust, says: “We are delighted to have secured an alliance with the JTC Group. Their extensive presence in so many jurisdictions offers our clients a wide selection of different structuring options and adds weight to the cross border expertise that we can offer.”
JTC Group expanded and enhanced its capabilities in 2013 through a series of acquisitions and alliances which included the purchase of Guernsey based Ardel Fund Services and Ardel Trust Company (Switzerland) SA in Geneva; a strategic alliance with Kensington Trust Group which operates predominantly in Asian markets; the acquisition of Anson Fund Managers Limited, which has offices in Guernsey and the UK; and the purchase of a significant book of business from Herald Trust Company in Jersey.