Apex Group receives regulatory approval for new GIFT City location in India
Approval allows for further growth in Apex’s India business, following the recent opening of the financial services provider’s third Indian location in Mumbai.
Approval allows for further growth in Apex’s India business, following the recent opening of the financial services provider’s third Indian location in Mumbai.
The new mandate follows a string of fund administration appointments won by Apex over the past year.
This latest appointment follows a string of fund administration mandates won by Apex over the past year as it adds organic growth to fierce M&A activity.
Following the successful transaction, Apex has increased its assets across administration, depositary, custody and under management to $1.5 trillion.
Deal set to complete in the coming weeks as Apex Group adds another fund services unit to its business.
Service allows major sources of emissions to be identified and managed, while still aligning with the reporting requirements of key standards and regulations.
The acquisition of Sanne would add a further £500 billion of assets to Apex’s ranks, tipping the fund administrator over the $2 trillion mark in AUA
The transaction expands Apex’s growing presence in Latin America, with an addition of 160 new employees and a new office in São Paulo.
The appointment falls in line with the rapid growth of the secondary market in the Asia-Pacific region, including Japan.