Wed, Oct 1, 2014
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

Banner

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. Legal - Court throws out lawsuits related to Fannie Mae, Freddie Mac profits, Insider case by SEC is a step removed from Herbalife itself, SEC grants Citigroup waivers, easing hedge-fund curbs[more]

    Court throws out lawsuits related to Fannie Mae, Freddie Mac profits From WSJ.com: A group of Wall Street investors on Tuesday suffered a blow in their attempts to sue the federal government over their treatment of the shareholders of mortgage finance giants Fannie Mae and Freddie Mac af

  2. CalPERS’ move might alter hedge fund fees for good[more]

    Benedicte Gravrand, Opalesque Geneva: When CalPERS, the California Public Employees’ Retirement System, announced on September 15th that it was unwinding its hedge-fund portfolio, it was seen by many as is a significant blow to the sector’s appeal. The Fund is

  3. Opalesque Exclusive: Institutions eye private credit over traditional fixed income[more]

    Bailey McCann, Opalesque New York: Investing in private insurance, realty tax receivables, or investment-grade short-term accounts receivable may not spring to mind as a means of mitigating risk in a portfolio, but one firm, New York-based BroadRiver Asset Management is out to change all that. Th

  4. Short-term trading quant fund beats S&P since '09[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A relatively new multi-strategy, market-neutral quantitative hedge fund has managed to outperform the S&P500 and the HFRX Global since 2009. New Jersey-ba

  5. Unconstrained bond funds: Where hedge fund strategies meet mutual funds[more]

    From CNBC.com: For all the talk and buzz around indexes, or passive investing, the next big thing for bond mutual fund investors may be strategies that are the exact opposite. The rapid growth of "unconstrained bond funds" has been thrust into investor spotlight given last Friday's stunning news tha