Apex adds $24 billion of assets with Custom House acquisition
The deal increases Apex’s AuA to $560 billion, after completing the onboarding process of Deutsche Bank’s Alternative Fund services business in June.
Tag: M&
Buy or be bought: The reality for fund administrators
Client and cost demands are forcing administrators to enhance their offerings by building more tools, or if need be, buying them through acquisitions, writes Jon Watkins.
Apex begins New Year with acquisition of Luxembourg-based asset servicer
The deal is the third one in six months for Apex as it looks to break into the top five largest global fund administrators ranks.
Smaller fund administrators struggling in pricing battle, says expert
Acquisitions are enabling larger fund administrators to offer the same pricing as independent administrators, according to one industry expert.
SS&C to buy Wells Fargo’s fund admin business
Another major acquisition in the hedge fund admin world as SS&C continues to grow.
FCA hires ex-asset manager industry head
The UK’s financial regulator has hired the former chief executive of the country’s trade body for asset managers, who was forced out of his former role last year.