Nerine Trust

Nerine Trust

Nerine Trust Company Limited was established in 2000 as the Guernsey fiduciary arm of the Praxis Group, an independent financial services provider originally founded in 1972. The firm sits inside a privately owned network spanning the British Virgin Islands, Hong Kong, Geneva, India, Jersey, and the Isle of Man, offering trust administration, corporate administration, pension schemes, and gratuity schemes. Its client base includes high-net-worth individuals, families, family businesses, and professional intermediaries who require multi-jurisdictional wealth structuring. The firm's deployment model is service-based rather than asset-management-driven. It does not manage investment portfolios directly; instead, it acts as a professional trustee, corporate director, and administrator for structures that hold operating companies, real estate, liquid portfolios, and luxury assets including yachts. Cross-border Arab family wealth and Taiwanese family-business succession are recurring themes in the firm's published insights. The group's recent expansion into UAE trust and corporate services and its appointment of Luke Cornish as Client Services Director in Jersey in April 2026 signal a deepening commitment to the Middle East and Channel Islands corridors. Praxis, the parent group, reports over 400 professionals across its global offices. Adjacent vehicles are integrated under the Praxis brand rather than operating as separately named entities: Praxis Fund Services provides fund administration alongside the trust and corporate lines, and the group recently expanded its pensions expertise in Guernsey with senior hires in May 2026. No public AUM or assets-under-administration figure is published. What differentiates Nerine Trust structurally is its existence as a non-bank, owner-operated fiduciary on an island that competes with Jersey, the Cayman Islands, and Singapore. While most large trust companies sit inside banking groups, Praxis remains independent after over 50 years, which allows it to accept mandates that conflict-sensitive institutions decline. The firm's published commentary on the "evolving role of protectors" under the Re X ruling and on Jersey Companies Law amendments demonstrates a technical practice built for disputed-family and cross-heirship situations where a generic corporate trustee would be unsuitable.