Palatine-backed Suntera Global has enhanced its presence in the Channel Islands with the acquisition of specialist fiduciary services provider, Nedgroup Trust Limited.
Suntera says the deal strengthens its offering and extends its reach into an additional tier one jurisdiction in Guernsey.
Nedgroup Trust Limited has a 70 strong team of staff across the Channel Islands, with 50 of those based in Guernsey, a new jurisdiction for Suntera, and supports a significant international client base including a substantial proportion based in South Africa.
Currently owned by Nedbank Private Wealth Limited, Nedgroup Trust provides a full suite of fiduciary services to high-net worth individuals, ultra-high-net worth individuals, family offices and owner managed businesses.
“I am delighted to welcome the Nedgroup Trust team and have no doubt their expertise will contribute considerably to the capabilities and growth of Suntera Global.”
