JTC plc is a provider of fund administration services. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[2]
 | |
| Company type | Public limited company |
|---|---|
| Industry | Financial services |
| Founded | 1987 |
| Headquarters | Jersey |
Key people | Mike Liston (Chairman) Nigel Le Quesne (CEO) Martin Fotheringham (CFO) |
| Revenue |  £257.4 million (2023)[1] |
| £52.7 million (2023)[1] | |
 £21.8 million (2023)[1] | |
| Website | www |
History
editThe company was established as Jersey Trust Company in Jersey in 1987 to provide fund management services to clients.[3] After buying Merrill Lynch's international trust and wealth structuring business in May 2017,[3] the company was the subject of an initial public offering on the London Stock Exchange in March 2018.[4] The company made two major acquisitions in 2020: it bought Sanne Group's private client business in March 2020[5] and then bought NES Financial for $40 million in April 2020.[6][7] It is based in Jersey but also has offices in Cape Town, Guernsey and Luxembourg: it employs some 650 staff globally.[8]
References
edit- ^ a b c "Preliminary Results 2023". JTC plc. Retrieved 12 April 2024.
- ^ "Hastings Group Holdings (UK): Constituent Deletion - Update". FTSE Russell. 11 November 2020. Retrieved 14 November 2020.
- ^ a b "JTC acquires Merrill Lynch's international trust and wealth structuring business". Wealth Adviser. 29 May 2017. Retrieved 14 November 2020.
- ^ "Financial services firm JTC prices London IPO at 290p/share". Reuters. 9 March 2018. Archived from the original on August 28, 2019. Retrieved 14 November 2020.
- ^ "Jersey's SANNE sells its private client business to JTC". International Investment. 17 March 2020. Retrieved 14 November 2020.
- ^ "Fund administrator JTC acquires NES Financial in $40m deal". Global Custodian. 2 April 2020. Retrieved 14 November 2020.
- ^ "JTC's $116 Million Acquisition of NES Financial". Global Legal Chronicle. 7 April 2020. Retrieved 14 November 2020.
- ^ "Shared ownership model central to driving growth". 14 November 2020. 18 April 2019. Retrieved 14 November 2020.