Sun, Feb 25, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers April 2013

Servicers' Spot - Apex Fund Services launches free office facilities and fund incubation services

 

Thalius Hecksher

Apex Fund Services, a large independent fund administration company, announced in March the launch of its free office facilities and fund incubation services to fund managers looking to start a new fund.

The new office facilities service forms part of a new division called Apex Emerging Manager Incubation Services (EMIS). As well as office facilities, EMIS offers free advisory services regarding fund structure, jurisdiction selection, launch platforms, cloud hosting, broker networks, administration and, via Apex Technologies, Order Management and Portfolio Management Systems.

EMIS will be managed by Bill Wiggin who is a Member of Parliament in the UK and has over 13 years financial services experience.

"Up to 75% of all new fund launches fail, a statistic that is far too high and Apex's EMIS has been launched to turn the tide and ensure more fund managers succeed," Wiggin said.

"Over the last period, we've noticed that there is a growing number of emerging managers coming to the market; it's what I call the new phenomenon of Wall Street, the emerging managers," Thalius Hecksher, Apex' Global Head of Business Development, told Opalesque in an interview. "In the US, a lot of very smart guys are coming to market with family and friends' money to launch hedge funds. We're also seeing a knock-on effect from the JOBS Act which changes will be encouraging hedge fund launches. The JOBS Act is a catalyst in the emerging managers' space. And across Europe, a lot of people are losing their jobs, and looking to launching their own business."

Apex looked......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Art & Motion launches collectible car alternative investment vehicle[more]

    Komfie Manalo, Opalesque Asia: Luxembourg-based Art & Motion has launched a new investment vehicle dedicated to vintage cars and exceptional high-quality vehicles as this collectible market has grown exponentially the turn of the centu

  2. Opalesque Exclusive: Global Sigma captures February's long-vol trade[more]

    Bailey McCann, Opalesque New York for New Managers: Florida-based Global Sigma rode February's volatility to new highs. The firm's AGSF strategy is up +2.8 percent through February 16 and +4.2 percent YTD a

  3. Institutional Investors - Hedge funds regain their appeal for a $57 billion asset manager, Private credit strategies in stratosphere[more]

    Hedge funds regain their appeal for a $57 billion asset manager From Bloomberg.com: With volatility back on the radar, one of the Nordic region's biggest asset managers is considering relying a bit more on hedge funds to help oversee his portfolio. Mikko Mursula, the chief investment off

  4. Investing - All aboard for hedge funds as trade tide lifts shipping, Hedge funds pile into Time Warner in bet on merger success[more]

    All aboard for hedge funds as trade tide lifts shipping From Reuters.com: Forced to abandon ship after mistiming their investments five years ago, hedge funds are venturing back in a bid to profit from growing global trade flows. Around 90 percent of traded goods by volume are tran

  5. Investing - Hedge funds turn short on tech just as stock rally takes off, After biggest short, speculators slash bearish US bond bets as supply deluge looms[more]

    Hedge funds turn short on tech just as stock rally takes off From Newsmax.com: A key group of investors has just missed out on the biggest tech-stock rally since 2014. Hedge funds and other large speculators turned net short on Nasdaq 100 Index futures for the first time in 21 months, ac