The latest mergers, acquisitions and other corporate actions in the wealth management sector.

Suntera GlobalSuntera Global, a Jersey-headquartered provider of fund, corporate and private wealth services, has announced the acquisition of Singapore-headquartered fund and corporate service provider Aurtus Singapore.

Aurtus Singapore, which is Suntera’s eleventh acquisition since 2019, establishes a presence for Suntera in Singapore for the first time, reflecting its multijurisdictional growth strategy and reinforcing its proposition in the Asian market. It adds strength to its global corporate and fund services proposition, whilst augmenting its complementary support services across tax, accounting and compliance, the firm said in a statement.

Aurtus Singapore, which was established in 2023,  has grown to a team of 21 sector specialists. The firm provides tax compliance, tax advisory, accounting and corporate secretarial services to blue-chip corporate clients and family offices, as well as a rapidly growing investment funds client base using Singapore’s popular Variable Capital Company (VCC) structure. The team is led by founder and managing director Mahip Gupta, who will remain with the business.

“This acquisition marks another significant milestone in our ambitious global growth strategy, in particular adding a new tier one and strategically important jurisdiction in Singapore to our network,” David Hudson (pictured), CEO of Suntera, said. “As well as strengthening our capabilities in Asia, this acquisition also brings with it a market-leading specialist team with unique capabilities and a strong client base, spanning Singapore’s VCC market as well as multinational corporates.”

Suntera employs over 500 specialists supporting a global client base from offices in the Bahamas, the Cayman Islands, Hong Kong, the Isle of Man, Jersey, Guernsey, Luxembourg, the UK and the US.