JTC Group Invests In Asian Alliance Partner, Kensington Trust Group

JTC Group (JTC) and Kensington Trust Group (KTG) have enhanced their strategic alliance, which commenced early 2013, via the investment by JTC in a strategic interest in KTG. This investment further demonstrates JTC’s commitment both to KTG and to Asia as a key economic region offering significant growth prospects.

With KTG having offices and a prominent presence in Singapore, Hong Kong, Indonesia, Labuan, Kuala Lumpur and New Zealand, the alliance provides JTC with a superior Asian platform, and offers the Asian and Australasian market global access through JTC’s network of offices.

JTC Group Head of Private Client Services, Iain Johns, commented:
“We have been delighted to work closely with KTG for around 18 months now. They are a high quality partner employing some of the most experienced and respected leaders in the industry. Our association with KTG empowers both groups to provide clients with a first class international offering of trust, fiduciary, fund and corporate services.”

Iain continued:
“Asia is a huge growth market and one we continue to strategically invest in. As is reflected in the Cap Gemini World Wealth Report , Asia high net worth individuals and their families are requiring increasingly sophisticated and internationally-focused advice and services from professional wealth providers, encompassing robust wealth and estate planning and family office services. We are in an extremely strong position to meet this demand and provide a full suite of services globally.”

Regional Managing Director of KTG, Raymond Wong, added:
“Our alliance with JTC enables us to meet the demanding needs of our international clients, in conjunction with an organisation aligned with ourselves and one that shares our core values and principles. Our association is clearly benefitting our clients and we are delighted that JTC has chosen to invest into our company, reinforcing their bond to KTG and Asia.”

 

About Kensington Trust Group

Kensington Trust Group is an independent trust group with an expanding network of affiliates. It provides personal, customised solutions to selected corporations, private clients including entrepreneurs and high net worth individuals and families. With a team of experienced professionals in the trust and fiduciary business, Kensington Trust Group can help you manage and administer cross border business activities; set up and administer private trusts; and provide corporate management and administrative services. Kensington Trust Group operates with offices in Singapore, Labuan, Kuala Lumpur, Hong Kong and New Zealand. While the Group core business is in South East Asia, its network reach through strategic alliances with selected partners includes jurisdictions in Europe and the Caribbean. Currently, the entities within Kensington Trust Group having trust license issued by the appropriate home Authorities are in Labuan, Malaysia and New Zealand. For more information about Kensington Trust Group, its offices and alliances please visit: www.kensington-trust.com


About JTC Group

Formed in 1987, JTC Group is a multi-jurisdictional, independent provider of corporate, fund, private client and real estate services, with significant global experience and £23.8 billion (US$40 billion) assets under administration.

With a highly qualified and multilingual workforce of nearly 300 employees, JTC Group operates from 20 jurisdictions around the world with offices in Argentina, Brazil, BVI, Cayman Islands, Guernsey, Jersey, Luxembourg, New Zealand, Switzerland and the UK, as well as USA representative offices in Miami and New York, and alliance offices in Cyprus, Hong Kong, Indonesia, Labuan, Malaysia, Malta, Mauritius, Netherlands and Singapore.

JTC Group core services:

  • Accountancy Services
  • Corporate Services
  • Employee Services
  • Family Office Services
  • Fund Services
  • Marine & Aviation Services
  • Private Client Services
  • Real Estate Services


Regulation and terms of business

The entities within JTC Group, carrying on the regulated business of JTC Group, are duly regulated as appropriate by the British Virgin Islands Financial Services Commission; the Cayman Islands Monetary Authority (CIMA); the Guernsey Financial Services Commission; the Jersey Financial Services Commission; the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg; as a member of l’Association Romande des Intermédiaires Financiers (ARIF) in Switzerland and is authorised and regulated by the Financial Conduct Authority (FCA) in the UK.

For more information about JTC Group, its offices and alliances please visit:  www.jtcgroup.com

For JTC Group’s full terms of business, please visit:  www.jtcgroup.com/terms-of-business