As part of the mandate, FundRock will provide the risk management and regulatory framework for the ICAV and undertake the sub-funds delegate oversight
GFin’s integration into the group will enhance Apex’s established presence in Mauritius, supporting the provision of locally delivered fund administration and corporate solutions to clients
Peter Hughes, founder and CEO of Apex Group comments: “The FundRock business shares our commitment to exceptional levels of client service and is a highly complementary addition to the Apex Group"
As part of the mandate, due to commence on or before 1 April 2021, FundRock will provide oversight of the delegated functions as well as risk and compliance monitoring
Apex Group, a global financial services provider, is set to acquire GFin Corporate Services, a Mauritius-based licensed management company, providing fund administration services to institutional clients
LRI Middle East will offer third-party management company (ManCo) services to qualified investor funds and exempt funds
FundRock will provide the legal and regulatory framework for the ICAV and undertake the delegate oversight of the sub-fund, the Primus Fixed Income Smart Beta Fund
Apex Group is set to acquire Banco Modal’s alternative fund administration business in Brazil
Niall Pritchard, managing director, UK at Apex Group, talks to Asset Servicing Times about the changes Brexit has brought to the funds space, and the UK Financial Conduct Authority’s consultation on ‘side pockets’ for retail funds in response to the Russian invasion of Ukraine
As Ireland, like the rest of Europe, remains in the dark about Brexit, the Emerald Isle shows no signs of slowing down its growth across asset services, funds and technology
