Singapore Office Profile - Apex Fund Administration Services
16 March 2010
Apex Fund Services Singapore
Apex Fund Services Pte Ltd
20 Bendemeer Road, #03-12
Singapore
339914
"The growth prospects in the region attract managers, who are predominantly focused on Western and developed markets, to consider an emerging markets strategy."
Srikumar T.E., Singapore, Managing Director
Email: Srikumar@apexfunds.hk
Tel: + 65 6295 2335
Apex opened its Singapore office in November 2007 and the most significant feature in recent years has been the resilience of the local financial markets and dependence on local macro economic growth factors. The emerging markets in Asia have lived up to their expectation with the growth forecasts in 2010 back to pre-financial crisis levels.
The growth prospects in the region attract managers who are predominantly focused on Western and developed markets to consider an emerging markets strategy, not only to tap into the opportunities but also to provide the much needed diversification to their existing strategy. This coupled with a rapid development of world class infrastructure has enhanced the attractiveness of the Asian markets and the opportunities it provides.
Apex has established itself in Asia as a expert fund administrator with a highly responsive service levels to their clients. The availability of professionally qualified staff locally, the quick turnaround time for manager and investor queries, pro-activeness in discussing potential concerns and timely delivery of NAV's to clients have worked in Apex's favour as a recent entrant in the fund administration space.
Apex advises managers to consider the overall implication of fund strategies, asset classes, portfolio turnover, percentage of illiquid securities while structuring share class offering, subscription and redemption terms and notice periods, varying fee structures, redemption gates and lock up period.
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