Channel Island administrator completes Kleinwort Benson deal

JTC has announced the completion of its acquisition of Kleinwort Benson’s Fund Administration business, which will add to its own operations in the Channel Islands, as well as provide presence in South Africa.

JTC assets under administration will rise to $56bn following the deal, and enable it to provide further services in areas such as private equity, property and debt funds.

ABOUT THE AUTHOR
Jonathan Boyd
Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope. Jonathan has over two decades of media experience in Japan, Australia, Canada and the UK. Over the past 16 years he has been based in London writing about funds and investments . From editing the newsletter of the Swedish Chamber of Commerce in Japan in the 1990s he now focuses on Nordic markets for InvestmentEurope.

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