Intertrust
PEOPLE MOVES: UK govt, Killik & Co, Australian Tax Office
UK prime minister Theresa May has reshuffled her cabinet as uncertainty mounts over how long the Conservative Party can hold on to power. The deputy Australian Tax Office commissioner has resigned after being being caught up in a fraud scandal, while Killik & Co has appointed a head of wealth planning.
PEOPLE MOVES: Schroders, Janus Henderson, Principal
Schroders is losing two fund managers who are setting up their own boutique. Janus Henderson has created two senior international distribution roles, while Principal Global Investors is focusing on UK fund distribution with its latest hire.
People Moves | 7 Apr 17
PEOPLE MOVES: Vanguard, Generali, Wealth Club
Vanguard has a new managing director of its Japanese operations, while Generali Investments has made some changes to its board. One of Wealth Club’s co-founders has left the business after just a year.
Elian sold to Dutch firm Intertrust
Jersey headquartered fiduciary services company Elian Group is to be sold for £435m ($627m, €553m) to Dutch trust and corporate services provider Intertrust.
Close’s Cayman business next in offshore sell-off
Close Brothershas sold its Cayman Islands fund, trust and banking businesses to Intertrust Group