Isle of Man Office Profile - Apex Fund Administration Services

16 March 2010

Apex Fund Services Douglas, Isle of Man

Apex Fund Services (IOM) Ltd.Isle of Man Fund Services Office Location
Second Floor
Exchange House
54-58 Athol Street
Douglas
Isle of Man
IM1 1JD
(licensed by the Isle of Man Financial Supervision Commission)

"Independently produced information is critical for clients concerned they might find themselves in a "Madoff" type situation."

Barry Monks, Managing Director
Email: barry@apex.im
Tel: +44 1624 630403

 Since Apex opened its office in the Isle of Man in April 2008 the Island has taken significant steps forward to being recognized as a premier offshore financial centre with the net result being the Isle of Man is now placed on the OECD white list and has retained its S&P AAA credit rating.

Fund managers on the IOM are well positioned to capitalize on the current dissatisfaction among managers at the current UK tax regime. Personal taxes are low, at 18% capped at £100k maximum liability and corporate taxes are nil.

With the big challenge ahead being how managers can continue to market products to European investors, Apex is here on the ground to help its clients work within and capitalize on the forthcoming EU draft Directive on Alternative Investment Fund Managers.

 Being independent and international, Apex is able to bring innovative new products to the Island that have been tried and tested in other financial centres, keeping clients at the edge of new products and solutions.