Following the release of its first set of full year results as a public company, JTC has now also published its first Annual Report since listing on the London Stock Exchange last year.
Building on the results published on 3 April, which highlighted revenue growth in 2018 of almost 30%, the Report provides a more in-depth look at the performance of JTC’s Institutional and Private Client Services divisions last year and sets out in more detail the firm’s forward-looking growth strategy. It also underlines its commitment to demonstrating the very highest standards of corporate governance and provides greater insight into the company’s financials.
The comprehensive Report also maps out the history and evolution of JTC, which now employs more than 700 staff in 20 offices around the world and administers more than $110bn of client assets, highlighting in particular the importance JTC attaches to its shared ownership model in both shaping its culture and driving its success. It also defines JTC’s purpose as a company and reinforces its approach to employee wellbeing, professional development and community engagement.
Commenting on the Annual Report, Nigel Le Quesne, CEO, JTC, said: “While we are new to the public markets, JTC has a proud history spanning more than 30 years and a track record of success built on the foundation of our shared ownership culture, which aligns the interests of all our stakeholders for the long term. The results delivered in 2018 have generated further momentum which we carry into 2019 and we are confident in the ability of the Group to deliver continued positive progress.”
Mike Liston, Chairman, JTC, added: “JTC’s genetic characteristics have evolved over three decades and, as in life itself, they are key to its growth and longevity. Its entrepreneurial parentage remains a strong influence in JTC’s corporate values and ethical behaviour. Add to this its hard-wired culture of compliance and governance honed during its formative years by being headquartered in Jersey, one of the world’s most rigorously regulated international finance centres, and you have a pedigree which replicates well in any environment. I am grateful to my fellow Directors, JTC’s employees and to all of our Shareholders for their support in our first year as a listed company and 31 years of successful operations.”
