Sanlam Private Investments purchases majority stake in Swiss fiduciary and tax business

Sanlam Private Investments (SPI) – the private investment and wealth management business within the JSE-listed Sanlam Group – has announced it has purchased 65 percent of Summit Trust International, the Geneva-based fiduciary and tax business, for an undisclosed sum. Summit Trust International’s management owners retain the remaining 35 percent. Daniël…