Nedgroup Trust sale completes following the receipt of regulatory approvals

Nedbank Private Wealth has completed the sale of specialist fiduciary services provider, Nedgroup Trust, to Suntera Global. Nedgroup Trust has a 70 strong team of staff across the Channel Islands, with 50 of those based in Guernsey.

Suntera Global is an independent global provider of fund, corporate, and private wealth services. The Suntera Group has over 300 specialists supporting a global client base from offices in the Bahamas, the Cayman Islands, Hong Kong, the Isle of Man, Jersey, Luxembourg, Malta and Switzerland.

Stuart Cummins, Chief Executive of Nedbank Private Wealth, commented:

“I wish our Nedgroup Trust colleagues all the very best as they start the next exciting chapters of their careers with Suntera Global, and I thank them for the contribution they have made to the business over the years.”

“Nedbank Private Wealth remains committed to the Channel Islands, with our Jersey office team continuing to provide investment management, wealth planning, lending and banking services to private clients and the fiduciary services sector. This is in addition to our teams in the Isle of Man, the UK and Dubai, together with our group wealth management operations in South Africa.“

About Nedbank Private Wealth

Nedbank Private Wealth, part of the Nedbank Group, is an award-winning boutique private bank with an established track record of providing investment, wealth planning, banking and lending services to our clients. We support a wide range of clients, including private individuals, professional intermediaries, non-trading companies, trusts and institutional investors. The UK, Jersey, Isle of Man and Dubai offices have specialist wealth management teams providing objective advice and guidance to families and private clients.

When referring to Nedbank Private Wealth, please use the full company name.

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