On 23rd May, eprivateclient announced the names of its 2016 Top 25 Trust Companies following its analysis of the trust company sector in the United Kingdom and Crown Dependencies.
Research by eprivateclient highlighted changes in the trust industry as some of the larger banks scale back their fiduciary businesses, and consolidation continues as private equity firms either invest directly in the sector or provide support for management buyouts.
Commenting on the accolade, John Wood, Minerva’s Managing Director in Jersey said:
“Consolidation has reduced the number of family owned and managed trust companies, so we were delighted that we have once again been recognised, and received the accolade of being one of the 2016 Top 25 Trust Companies. We have worked hard to maintain and enhance our position in a challenging environment, and remain committed to the family values that have supported Minerva’s development over the last 35 years”.
eprivateclient is the leading website and news service for private client practitioners, providing lawyers, accountants, trustees and fee-based IFAs with news and incisive analysis of events relevant to the private client market.
Notes to editor
Minerva is a family owned business that has been in existence in Jersey for over 35 years. As a leading independent provider of trust, corporate and fund administration services, Minerva focuses on internationally active clients in sub Saharan Africa, India, the GCC, UK and Eastern Europe. In addition to its main office in Jersey, Minerva provides services from a number of offices based in key jurisdictions including London, Geneva, Mauritius, Dubai, Singapore and Amsterdam, as well as affiliate offices in Kenya, India and New Zealand.
For further information please contact:
Charles Le Feuvre
Minerva Trust & Corporate Services Limited
Tel: +44 (0)1534 702837
Email: [email protected]