Sg kleinwort hambros trust company ci limited we are. Jan 02, 2014 brussels, january 2, 2014 rhj international rhji is announcing today that it has completed the spinoff of the merchant banking business previously conducted through ripplewood into a new. The newlyacquired businesses will be fully integrated with societe generale private banking hambros sgpb hambros, planned for early 2017. Neil krull manager private equity south africa neil joined jtc in 2015 following the acquisition of kleinwort benson s fund administration business. Kleinwort benson investors master investment fundkbi eco. Adam joined jtc in 2015 following the acquisition of kleinwort benson s fund administration business. I have found old kleinwort european privatization shares. Jtc completes kelinwort benson fund admin business. Horace camp chairman, guernsey investment funds association camp has recently taken over the role of gifa chairman from patrick firth after acting as vice chairman. Kleinwort benson global funds ltd the international stock. She studied spanish and portuguese at southampton university for four years. Search or browse for funds and find prices, performance, history and ratings information. Kleinwort benson elite international equity fund b gbp acc. Channel islands neds forum the definitive channel island.
Funds administration is the name given to the set of services provided in support of the running of a fund. Chenelle byrne senior manager fund services south africa. The kbi irish equity fund was established as an unauthorised investment fund on 11 january 1991, the kbi property fund was established on 5 january 1994. Types of funds include hedge funds, mutual funds, fund of funds, pension funds, unit trusts or other similar structures. The transaction, which relates to the whole of kleinwort benson s fund administration business in guernsey, jersey and south africa, will give jtc its first permanent presence in south africa, grow its global headcount by 40 per cent to a total of around 450, and augment its existing strengths across the alternative investment fund spectrum, including the private equity, debt and real estate. They merged in 1961 to create kleinwort benson lonsdale, later kleinwort benson. In 2016 its total assets were 564,27 mln gbp, providing the bank with the market share of 0. The transaction, which relates to the whole of kleinwort benson s fund administration business in guernsey, jersey and south africa, will give jtc its first permanent presence in south africa, grow its global headcount by 40% to a total of around 450. Prior to kleinwort benson, mr arrol worked for barclays in guernsey and london. Jtc buys cayman fund administration business from gam. The directors and officers of the fund as a group owned less than 1% of the shares outstanding as of september 8, 1999.
Kleinwort hambros elite international equity fund is an openend fund incorporated in guernsey. Jtc completes kleinwort bensons fund administration acquisition. Following other recent acquisitions in the fund administration space, including our purchase of kleinwort benson s fund administration business, this latest deal further strengthens. Kleinwort hambros enjoys the benefits of being part of societe generale with valuable access to the resources and services of one of the worlds leading financial groups. Paul hainsworth senior manager fund services guernsey paul joined jtc following the acquisition of kleinwort benson s fund administration business in 2015. It is the main investment arm of the klein wort benson group pic, which is an integrated merchant banking group, listed on the london stock exchange. As managing director, adam has overall responsibility for all of jtcs business divisions and operations in guernsey and, in particular, plays an active role in jtcs fund services division. For credit ratings that are derived exclusively from an existing credit rating of a program, series, categoryclass of debt, support provider or primary rated entity, or that replace a previously assigned provisional rating at the same rating level, moodys publishes a rating announcement on that series, categoryclass of debt or program as a whole, on the support provider or primary rated. The fund is a fund of funds invested in investment trusts and collective investment schemes in order to produce a targeted absolute return in sterling. Jtc, the multijurisdictional, independent provider of corporate, fund and private client services, has significantly enhanced its global funds offering with the acquisition of kleinwort benson s fund administration business in the channel islands and south africa the transaction, which relates to the whole of kleinwort benson s fund administration business in guernsey, jersey and south.
Sgkbb limited overview free company information from. Tennant replaces robert taylor, who joined kleinwort benson as ceo in 2004. Kbc asset management becomes kleinwort benson investors. Kleinwort benson kb v malaysia mining corporation bhd mmc. It is regulated by the jersey financial services commission. In july 1993, all of the assets and liabilities of the kleinwort benson international equity fund the only portfolio of kleinwort benson investment strategies were transferred to the center land kleinwort benson international equity portfolio the centerland portfolio, a series of the centerland fund.
Kleinwort benson, a provider of banking and financial services to corporate and private clients in the uk and channel islands, has announced two senior appointments in the channel islands, including the naming of denise mileham as head of fund administration in guernsey. Copia guernsey provides access to a range of funds and fund strategies managed by kleinwort benson channel islands investment management limited. Kleinwort benson international trustees limited holds an authorised licence. The company, which also has offices in boston and new. Lead licensee sg kleinwort hambros trust company ci limited. Following other recent acquisitions in the fund administration space, including our purchase of kleinwort benson s fund administration business, this latest deal further strengthens and deepens our offering to institutional clients, said nigel le quesne, chairman and chief executive officer, jtc group. In addition to our wealth management provision, kleinwort benson is also a leading provider of fund administration services. Prior to joining efml, mr arrol worked for kleinwort benson since 1994 undertaking a number of roles. Kleinwort benson bank limited was the 121st largest bank in the united kingdom in terms of total assets.
Kleinwort benson elite multi asset growth fund b usd acc non rpt. The regulation of fiduciaries, administration businesses and company directors, etc bailiwick of guernsey law, 2000. In july 2011, rhji announced that its kleinwort benson group subsidiary was in exclusive negotiations with deutsche bank regarding a potential acquisition of bhf bank, one of germanys strongest banking brands, with operations in private banking, asset management, financial markets and corporate banking. Kbi qualifying investor fund formerly kleinwort benson investors qualifying investor fund the fund was established as a registered unit trust by a trust deed dated 8 december 1989. Jtc says it has significantly increased its presence and offering in luxembourg through the acquisition of signes, a luxembourgbased expert comptable business that provides accounting, administrati. She was born in portugal but has lived in jersey since she was six. Jtc has significantly enhanced its global fund servicing capabilities with the acquisition of kleinwort benson s fund administration business in south africa, guernsey and jersey. Susan martin has been appointed chief executive of the london pension funds authority. Mmc metals approached the claimant kb bank for a loan. In that case, the house held that an interest swap agreement to which a local authority was a party was ultra vires the local authority and so void ab initio. Business classification text code type discontinued do not use fund, investment, securities and asset management, administration, registrars, custodianstrustees, stockbrokers 10. Kleinwort benson elite international equity fund b gbp acc non rpt 4. Kleinwort benson is a private bank, offering wealth management services.
Jtc acquires funds administration from kleinwort benson. It is a defensive bond based fund designed to preserve capital. Funds administration overview introduction to funds. Laith khalaf of hargreaves lansdown pictured helps out. Socgen to buy kleinwort benson for wealth management push. The deal is the most significant of all jtcs acquisitions in the last couple of years, relating to all kleinwort benson s fund administration business in guernsey, jersey and south africa. Kleinwort benson bank limited 01 jul 2010 27 nov 2017 kleinwort benson private bank limited. With its strength across the alternative asset classes, particularly real estate, private equity and debt funds, kleinwort bensons fund. Kleinwort benson was a leading investment bank that offered a wide range of financial services from offices throughout the united kingdom and channel. The buyout will give jtc its first permanent presence in south africa, growing its global headcount by 40% to a. May 26, 2015 return to relationshipdriven roots of merchant banking for new growth market. How many investments has this organization made over time.
Alan left dresdner kleinwort in december 2009, after 37 years with the group, latterly as group vice chairman and chairman of the uk bank. Fund data performance, risk, ratings, assets and holdings. This amount may fluctuate according to fund size and underlying holdings. The content of this article is intended to provide a general guide to the. The transaction, which relates to the whole of kleinwort benson s fund administration business in guernsey, jersey and south africa, will give jtc its first permanent presence in south africa, grow its global headcount by 40% to a total of around 450, and augments its existing strengths across the alternative investment fund spectrum. This seminar forms part of the 2019 funds cpd seminar series a series of 10 cpd. He currently manages a private equity team with a diverse portfolio of funds including primarily private equity but also real estate and listed funds. Use our fund screener and compare tool to analyse potential investments. Societe generale finalises the acquisition of kleinwort. Ft business book of the year a lockdown reading list. Kobus joined jtc following the acquisition of kleinwort benson s fund administration business in 2015. Dresdner rcm global strategic income fund inc proxy.
Jtc acquires kleinwort bensons fund administration business we. Shareholder group seeks breakup of kleinwort benson owner. Jtc buys kleinwort bensons ci and sa fund admin groups. Registered office sg hambros house, 18 esplanade, st helier, jersey je4 8rt. Jtc completes kleinwort benson fund administration. During the fund s fiscal year ended october 31, 1998, there were two meetings of the fund s board of directors.
Jtc buys kleinwort benson fund admin business bailiwick. This deposit guarantee scheme applies to all deposit accounts made by natural persons residents of guernsey, natural persons nonresidents of guernsey and covers up to up to 50,000 gbp per bank per depositor. Kleinwort benson investment trusts is the investment trust division of kleinwort benson investment management, itself a subsidiary of the merchant bank kleinwort benson, chaired by lord rockley. Following other recent acquisitions in the fund administration space, including our purchase of kleinwort benson s fund administration business, this latest deal further strengthens and deepens our offering to institutional clients.
Kleinwort benson is the brand name of kleinwort benson custodian services limited, which is a company incorporated in jersey with company number 76955. Brussels, may 28 reuters a group of hedge funds has demanded the break up of the belgiumbased owner of private bank kleinwort benson. Kleinwort benson was a leading investment bank that offered a wide range of financial services from offices throughout the united kingdom and channel islands. Completion of the transaction is expected in late 2015. Jtc establishes presence in south africa africa global funds. Copia guernsey provides members with benefits linked to the value of contributions and the returns generated from the underlying investments. He was also cio of ermitages wealth management business and products and during his 10 year tenure won multiple investment awards. Moorsheads appointment means that former guernsey managing director paul duquemain will continue in a role as group director, with specific focus on business development for the. Amundi agrees to buy majority stake in kleinwort benson. Kleinwort benson bank secures strategic investor and partner. Kleinwort benson investment management ltd springerlink. If you think you have been a victim of fraud please contact your national crime agency. May 24, 2016 based in dublin, kleinwort benson investors had 7.
May 08, 2009 kleinwort benson, one of the city of londons oldest and venerable private banks, is considering a management buyout as it prepares to change hands more than 150 years after it was founded. Jtc says it has significantly enhanced its global fund servicing capabilities with the major acquisition of kleinwort benson s fund administration business in the channel islands and south africa. Two families, the kleinworts and the bensons, founded two very different merchant banks in london. Kleinwort benson global funds ltd all weather euro fund participating redeemable gbp0. Kleinwort benson appoints head of fund administration in. Jtc acquires fund administration business from kleinwort. Receive one magazine and two locked articles of your. Jtc has just confirmed the formal completion of its acquisition of kleinwort benson s fund administration business, initially reported in july. Chenelle joined jtc following the acquisition of kleinwort benson s fund administration business in 2015. My wife died recently and while sorting documents i found a file of investment trust shares, and a old mail on sunday page dated 1994. Company and regulatory information kleinwort hambros.
Jtc completes kleinwort bensons fund administration. Performance charts for kleinwort benson investors master investment fund kbi eco climate change fund kbieccf including intraday, historical and comparison charts, technical analysis and trend lines. Mar 15, 2016 the kleinwort benson of today was created when the wealth management assets were sold following dresdners takeover by its german rival commerzbank in the wake of the financial crisis. Kleinwort benson bank limited united kingdom, formerly.
Kleinwort benson kb v malaysia mining corporation bhd mmc bhd 1989 1 wlr 379 court of appeal malaysia mining corporation metals ltd mmc metals was a wholly owned subsidiary of the defendant, mmc bhd. Acquired part of the banking business of kleinwort benson private bank critical mass enhancing acquisition successfully novated 10 000 clients over 90% of the client base received hica deposits of. Kleinwort benson bank has appointed sally tennant, formerly of swiss private bank lombard odier, as chief executive, effective from midjanuary 2011. May 26, 2015 kleinwort benson, a leading merchant bank with principal activities in private banking, asset management and financial markets and corporate advisory, is pleased to announce the sale of a significant equity stake in its londonbased private banking and corporate advisory subsidiary kleinwort benson. Between 7 and 15 september 1982 the appellants, city of glasgow council glasgow, entered into seven interest swap agreements with the respondents, kleinwort benson ltd. This amount may fluctuate according to fund size and. Sg kleinwort hambros bank ci limited, guernsey branch participates in the deposit guarantee scheme of guernsey. It says the buy takes its global headcount to over 450 s. He has overall responsibility for all aspects of jtcs south african business and manages a team of over 150 professionals servicing institutional clients across the global jtc network. Mr choukeir, who will take his post in october, will build on the solid foundations laid by kleinwort bensons current chief investment officer, jeremy. Jtc has has announced the acquisition of kleinwort benson s fund administration business in the channel islands and south africa. Kleinwort hambros has more than 50 years experience in trust and estate planning and administration in jersey, guernsey, singapore and london, thus providing continuity, expertise and professionalism for generations of their clients societe generale purchased kleinwort benson in june 2016 and subsequently launched kleinwort hambros as the new combined brand name.
Kleinwort benson investment management ltd kbim provides a comprehensive range of portfolio management services covering world equity and fixedinterest markets. Kleinwort benson international trustees limited gfsc. Investment adviser gore street energy storage fund plc. Average kleinwort benson salary in united kingdom payscale. Kleinwort benson investors institutional fund plc annual. Vania joined kleinwort benson in october 2007 and has been working in the fund administration team in jersey.
Jtc group, a fastgrowing provider of institutional and private client services, has expanded its operations in the cayman islands through the acquisition of gams fund administration business. Kleinwort benson uk trustees limited overview free. Prior to liberty ermitage andrew worked for kleinwort benson, part of the dresdner private banking group between 1994 2001 where he was a member of the groups senior investment committee. The fund reimburses all noninterested directors for their outofpocket and travel expenses. In the next article in the series, kleinwort bensons delyth richards tips four funds that should do well this year and in. The company has a global client base with clients located in ireland, us, canada, uk, japan, korea, and taiwan. The average salary for kleinwort benson employees in united kingdom is. Latterly mr arrol was responsible for the corporate fiduciary division, which included the managing director role of the fund admin business in guernsey and jersey.
The transaction, which relates to the whole of kleinwort bensons fund administration business in guernsey, jersey and south africa, will give. Rhj international announces spinoff of ripplewood merchant. One of the first major banks to have established in the channel islands nearly 50 years ago, we are consistently ranked as one of the top ten providers of administration and custodian services, working with fund managers. The objective of the fund is to maximize capital growth over the medium to long term.
Sg kleinwort hambros bank ci limited, guernsey branch. Kleinwort benson is a company incorporated in england and wales with company number 514879 and vat number gb 629 2807 22. The purchase takes jtcs global headcount to more than 450 staff and cements its position as one of the most dynamic growth companies in the sector. Before becoming head of fund administration at kleinwort benson he held positions at man investments, credit suisse and rothschild asset management in london. Alan has served as chairman of the london investment banking association, a member of. His experience and approach will strengthen kleinwort bensons asset allocation framework and approach to risk management, said sally tennant, chief executive officer of kleinwort benson. B kleinwort benson societe generale croup chk charities limited reports and financial statements for the year ended 31 january 2016 kleinwort benson is the brand name of kleinwort benson trustees limited.
With over 14 years of industry experience, paul manages the investor services team who have. Jtc acquires kleinwort bensons fund administration. He was appointed to the kleinwort benson group board in 1995. Following an initial announcement in july, jtc has formally completed its acquisition of kleinwort bensons fund administration business, taking the companys global headcount to over 450 staff. Kleinwort benson uk trustees limited free company information from companies house including registered office address, filing history, accounts, annual return, officers, charges, business activity. Kleinwort benson investors institutional fund plc annual report and audited financial statements 2015 4 background to the company continued investment objective and policy continued net asset value the net asset value of each fund or, if there are different classes within a fund, each class will be calculated by the. Following an initial announcement in july, jtc, the multijurisdictional, independent provider of corporate, fund and private client services, has formally completed its acquisition of kleinwort benson s fund administration business.
322 429 1492 391 714 347 984 699 1001 800 1168 1426 330 428 1236 45 167 598 1426 1474 1477 607 458 1607 501 102 1248 1322 922 677 1097 246 1157 685 1195 257 367