Group

International Administration (Jersey) | The story so far…

Formerly 'Anglo Saxon Trust'

ACQUIRED
Q1 2020
2005
AST established as a Managed Trust Company in Jersey
2012
AST becomes a stand alone Jersey Trust Company
2018
AST begins professional link with MJ Hudson
2019
Announcement of MJH acquisition of AST
2020
Completion of MJH acquisition

BACKGROUND:

AST was founded in 2005 by three senior chartered accountants and has a robust reporting and compliance infrastructure with over 300 clients, (companies, trusts and private individuals). The acquisition separated AST from its sister company, Jackson Fox, a chartered accountancy practice. Two of the founders of AST, Gordon Angus and Nick Walker, exited AST to concentrate on running Jackson Fox. Although Jackson Fox will now be separate, AST will continue to work closely with the firm. The third co-founder, Roger King will remain running the AST administration business with MJ Hudson.

THE MJ HUDSON FIT:

AST was a well-established trust and company services business with a strong reputation and a highly experienced team. MJ Hudson was already present in Jersey as a law practice and listing sponsor, and in Guernsey also in administration and law. AST represented a valuable and timely cornerstone in MJ Hudson’s Channel Islands operations. In particular, the success of the legal and administration services already in Guernsey encouraged the firm that it could scale the AST business initially in its core offering and then later through the addition of wider MJ Hudson group services. More generally, it allowed MJ Hudson to offer AST the benefit of a London presence, alternatives focus and proven marketing expertise.

POST ACQUISITION HIGHLIGHTS:

  • Rebranded as MJ Hudson Anglo Saxon Trust in 2019 before dropping the Anglo Saxon Trust name completely in 2021.
  • MJ Hudson Guernsey and Jersey are rolling out a combined client onboarding team
  • Existing client base has been integrated seamlessly with MJ Hudson
  • Operating internationally on behalf of clients
  • Successfully launched corporate services offering to a new UK client base

To find out more about the services provided by MJ Hudson’s International Administration team, click here.

[{"year":"2005","text":"AST established as a Managed Trust Company in Jersey"},{"year":"2012","text":"AST becomes a stand alone Jersey Trust Company"},{"year":"2018","text":"AST begins professional link with MJ Hudson\r\n"},{"year":"2019","text":"Announcement of MJH acquisition of AST\r\n"},{"year":"2020","text":"Completion of MJH acquisition"}]