Heads of some of the most-active fund administration buyers in the industry tell Global Custodian the COVID-19 crisis will not deter those still looking to acquire.
New launch in Luxembourg aimed at adding to single-source offering including depositary, custody, FX and bank accounts.
As Singapore, Hong Kong and China begin to recover from the effects of the Coronavirus pandemic, one global service provider sees the momentum moving east in the weeks to come.
Apex stated the launch of Throgmorton US would be the start of an “ongoing global expansion of the subsidiary brand”.
Collaboration signed with property management software company for real estate fund managers.
Apex's global head of fund services touted the service will deliver “dynamic data” to private equity clients.
Deal adds over 600 employees and 6,000 clients to the Apex Group across multiple markets.
As traditional fund administration services become commoditised it is no longer an accurate comparison factor between providers, according to new research.
Fund administrator steps into custody, middle-office and corporate services, along with management company services through flurry of new acquisitions.
The addition of Beacon Fund Services takes Apex's total assets under administration to $610 billion.