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.“
“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.”