Bringing you live news and features since 2006 

Bachmann’s trust and funds business changes name to Ardel


Guernsey-based trust company Ardel Holdings has launched as the new name for the Bachmann’s trust and funds business. 

The new name will take effect immediately and has been implemented across the majority of the group’s businesses.

The name change is part of the management buy out process which has seen around 40 of the senior management team become shareholders in the company.

Gerry Williams, chief executive of Ardel, says: “The new brand is the next logical step in the MBO process. With so many of our employees now invested in the company it is natural that our identity should evolve to match our new ownership.

“This company has been built on our solid reputation for independence and expertise, which enables us to be flexible and innovative in providing solutions for our clients. We’re confident that this will continue as we take Ardel forward, and will set the foundation for our ‘buy and build’ strategy, which will see us pursue opportunities for expansion, both in Guernsey and in other jurisdictions.”

The Ardel group of companies has around 100 employees in Guernsey, and also has offices in the UK, Geneva and New Zealand.

The Bachmann brand will not disappear entirely from the island, as elements of the business not involved in the MBO, like the payroll services companies, will keep this name.

Pictured: the Ardel Holdings board of directors: Clive Simon; Lord Razzall; Peter Bachmann; Gerry Williams; Rick Brooks; John Langlois.

Latest News, the parent company of 21Shares has announced the launch of Wrapped Bitcoin (21BTC) on the Solana blockchain. 21BTC..
CoinShares writes that digital asset investment products saw inflows for the third consecutive week totalling USD1.05 billion, with cumulative flows..
The New York Stock Exchange, part of Intercontinental Exchange, Inc, has announced it is collaborating with CoinDesk Indices to launch..
ETP provider GraniteShares has announced it has surpassed USD5 billion in assets under management (AUM), reaching USD5.199 billion...

Related Articles

Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by