Apex Fund Services Hamilton, Bermuda

Apex Fund Services (Bermuda) ltd
1st Floor, TJ Pearman Building
3 Burnaby Street
Hamilton, HM12
(regulated by the Bermuda Monetary Authority)

"Latin America is a growth area and this may be an alternative market that managers could tap into."

Peter Hughes, Managing Director
Email: peter@apex.bm
Tel: +1 441 292 2739  

The office in Bermuda is one of the largest Apex offices and was opened in September 2003. Since then the region has seen a moving away by the service providers to larger outsourcing centres in Canada where services can be commoditised. Bermuda now only has a few administrators focusing on providing efficient tailored services to clients. Of these Apex is the largest.

With its low tax environment, efficient regulation, an attractive lifestyle, world-class service providers and the convenient location between the US and Europe, Bermuda is well positioned for further growth.

 The main challenge Bermuda faces is that most of the world's growth is being driven by the Asian economies. It is hard for fund managers to be able to assess these markets when they are a long way from the action. Latin America is a growth area and this may be an alternative market that managers could tap into.

Apex has made sure that the service it delivers is tailored, responsive and its systems are strong with a fully integrated accounting platform and web-portal.

 The current lack of liquidity in the global markets makes it very difficult for asset managers to grow their businesses at the moment and Apex continually looks to help its clients. Apex is currently advising its clients on how to set up segregated cell funds which give fund managers maximum flexibility to grow their asset management businesses while keeping costs to a minimum.