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]
History
The 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]
In November 2025 Permira reached a deal to acquire JTC for approximately £2.3 billion.[9]
External links
References
- Preliminary Results 2025 JTC plc, retrieved 7 April 2026^
- Hastings Group Holdings (UK): Constituent Deletion - Update FTSE Russell, 11 November 2020, retrieved 14 November 2020^
- 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, 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^
- Aaron Kirchfield. Permira to Buy Corporate Services Firm JTC for £2.3 Billion Bloomberg News, 9 November 2025^