Hamilton12 appoints Apex Group for new fund launch

Wed, 29 Mar 2023 20:35:38 +0000

Nick Bradford

Apex Group Ltd. (“Apex Group” or “The Group”), a global financial services provider, has announced its appointment by Hamilton12 to support the launch of their Australian Shares Income Fund.

Hamilton12 focuses on creating systematic, rules-based investment strategies designed to help investors achieve positive risk-adjusted returns at a lower cost. The Hamilton12 Australian Shares Income Fund, launching in March 2023, aims to generate long-term after-tax returns for Australian resident investors in excess of the Benchmark after fees, including an annual gross dividend yield (including franking) that exceeds the gross dividend yield of the Benchmark.

The Fund uses the same systematic, rules-based approach as the Hamilton12 Australian Diversified Yield Index that allocates the portfolio towards Securities offering high franked dividend yield and aims to mitigate risk by ensuring the Fund is diversified across industry sectors.

Apex Group has been appointed to provide Fund Administration, Transfer Agency and Custody services, with K2 Asset Management Ltd acting as trustee to the fund.

Fund administration is at the core of Apex Group’s single-source solution, delivering timely, accurate and independent services, underpinned by market leading technology platforms. According to a recent Total Economic Impact (TEI) report by Forrester Consulting, clients of Apex Group’s single-source solution achieve, on average, cost benefits of $5.39m, with a net present value of $2.75m over a three-year period.

This appointment follows Apex Group’s continued growth in Australia and New Zealand, including the strategic acquisitions of Mainstream Group and MMC in 2022, and new client wins including Yarra Capital Management, Capital Prudential, Foord Asset Management, Octopus Investments Australia, Perennial Partners and New Forests.

Nick Bradford, Head of Business Development, Australia and New Zealand at Apex Group comments: “Following the integration of Apex Group’s acquisitions in Australia, we have continued to see strong client demand in the first quarter of 2023, for our expanded suite of services, driving our organic growth in the region. We are proud to be supporting the launch of Hamilton12’s new Australian Shares Income Fund through our consultative approach and provision of flexible solutions. Hamilton12’s appointment of Apex Group for fund administration, transfer agency and custody services is yet further recognition of the compelling benefits and efficiencies of our singlesource model.”

Richard McDougall, Managing Director and Co-Founderof Hamilton12 further comments:“We are pleased to be working with Apex Group to offer to wholesale and sophisticated Australian resident investors our after-tax focused systematic investment strategy through the Hamilton12 Australian Shares Income Fund. Apex Group’s single-source solution means that we can access all the fund administration and custody services via one contract, delivered by an experienced local team. We have been impressed with their advice and adaptability in bringing our fund to market, and are confident in their ability to offer scalable solutions as we grow.”

The post Hamilton12 appoints Apex Group for new fund launch appeared first on AdviserVoice.

Apex Group appointed by Foord Asset Management

Tue, 12 Jul 2022 21:40:24 +0000

Agnes Cai

Apex Group Ltd. (“Apex” or “The Group”), a global financial services provider, today announces its appointment by Foord Asset Management (“Foord”), a leading independent investment manager to support its expansion into the Australian market.

Apex Group delivers a single-source solution, via its network of over 80 offices in 40 countries, offering the broadest range of services in the industry. Following a competitive process, Apex has been appointed to provide Fund Administration, Transfer Agency and Custody Services to Foord’s new Australia-domiciled fund.

Fund services form the foundation of Apex’s single-source solution, which, according to a recent Total Economic Impact (TEI) report by Forrester Consulting, provides clients of Apex Group with a return on investment of 105% and cost benefits of $5.39m, with a net present value of $2.75m over a three-year period.

Foord is an independent, owner-managed investment boutique offering a premium investment management service to long-term investors operating in Guernsey, Singapore and Luxembourg. Foord has recently entered the Australian market with the launch of the new Foord Global Equity Australian Feeder Fund.

This fund, targeting Australian long-term investors, invests exclusively in Foord SICAV- Foord Global Equity Fund (Luxembourg) which comprises a diversified portfolio of global equities. Through an adaptable, high conviction, value-driven equity strategy, Foord Global Equity Australian Feeder Fund aims to achieve a higher total rate of return than the MSCI All Country World Net Total Return Index without assuming greater risk.

For distribution of the fund across Australia, Foord have partnered with Sheridan Lee and her team at Shed Enterprises Pty Ltd, who will be responsible for sales and marketing connecting the fund and Foord to investors, building connections across the Australian marketplace.

Nick Bradford, Head of Business Development, Oceania at Apex Group comments: “We are seeing a significant increase in the number of managers looking to launch new, onshore fund vehicles in Australia. These managers require a service partner with the right experience and a global footprint to seamlessly support their administrative and operational needs as they expand into new jurisdictions. We look forward to working with the Foord team as they continue to scale their business and deliver sustainable returns for their investors.”

Agnes Cai, Chief Executive Officer at Foord Asset Management Singapore adds: “We are excited to be working with Apex Group who have impressed us with their ability to provide a single-source solution, meeting all our fund administration and custody needs, delivered via one relationship with an experienced local team. This efficiency and convenience of this model will allow us to focus on managing risks to deliver superior returns to Australian long-term investors.”

The post Apex Group appointed by Foord Asset Management appeared first on AdviserVoice.

AdviserVoiceNick Bradford Archives - AdviserVoice

Hamilton12 appoints Apex Group for new fund launch

Apex Group Ltd. (“Apex Group” or “The Group”), a global financial services provider, has announced its appointment by Hamilton12 to support the launch of their Australian Shares Income Fund.

Apex Group appointed by Foord Asset Management

Apex Group Ltd. (“Apex” or “The Group”), a global financial services provider, today announces its appointment by Foord Asset Management (“Foord”), a leading independent investment manager to support its expansion into the Australian market.