Bringing you live news and features since 2006 

ZEDRA to acquire LJ Fiduciary

RELATED TOPICS​

ZEDRA Group, a specialist in Trust, Corporate and Fund Services has acquired LJ Fiduciary, from investment firm Alvarium. LJ Fiduciary will be rebranded and merged into the existing ZEDRA network. The deal is subject to local regulatory approval. 

LJ Fiduciary’s Swiss and Isle of Man service offering encompasses global private client, fund and corporate administration services that will enhance ZEDRA’s strategy in the ‘active-wealth’ space offering. This concept embraces the dynamic way ZEDRA assists wealthy families and individuals in their investment needs, by recognising that modern wealth is multifaceted and that ZEDRA is a partner that can deliver the full array of tailored, streamlined and efficient solutions.
 
Ivo Hemelraad (pictured), ZEDRA Group Director says: “This acquisition will give us an important opportunity to fast track our growth by diversification into different client segments in these two jurisdictions, Switzerland and the Isle of Man.  It will reinforce mutual strengths and strong existing market positions. LJ Fiduciary has a first class client and staff base and we look forward to welcoming both into the ZEDRA Group.”
 
Robert Burton, Head of LJ Fiduciary, says: “By joining forces with Zedra we believe our clients will benefit from enhanced global reach and a very positive cultural fit in a combined firm which will continue to focus on delivering high quality services to meet client needs. LJ Fiduciary teams will ensure a smooth transition to the combined firm without disruption to our clients or their activities.
 
The deal adds nearly 50 new staff to ZEDRA’s existing headcount of over 500 industry experts across 13 countries, spanning Asia, Oceania, the Americas and Europe. Total staff in Switzerland will now number over 70 whilst in the Isle of Man, staff numbers will exceed 100.
 
ZEDRA recently announced the acquisition of Talenture, an independent corporate services provider specialising in delivering consulting and corporate services solutions for international entrepreneurs and corporations in Lugano, Switzerland.
 
Last year, ZEDRA announced a strategic partnership with Corsair Capital in which the private equity group plans to take a majority stake in the Group.

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
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