MJ Hudson, a London-based asset management consultancy, agreed to acquire Anglo Saxon Trust, a private independent trust company established in Jersey. Financial terms were not disclosed. “We have been talking to the team at AST for some time and we are delighted that they have decided to join our group. AST is a well-established trust and company services business with a strong reputation and a highly experienced team. We are already present in Jersey as a law practice and listing sponsor, and in Guernsey also in administration and law. For our group, therefore, AST represents a valuable and timely cornerstone in our Channel Islands operations. In particular, the success of the legal and administration services we already have in Guernsey encourages us that we can scale the AST business initially in its core offering and then later through the addition of wider MJ Hudson group services. More generally, we can offer AST the benefits of our London presence, alternatives focus and proven marketing expertise,“ Matthew Hudson, CEO, MJ Hudson.