Apex acquires MJ Hudson businesses
Apex Group has acquired various businesses of MJ Hudson and expanded its European management company (ManCo) and fund admin offerings, while adding complementary services on ESG.
According to Apex, it has acquired MJ Hudson’s ESG solutions, ManCo, quantitative services, investment advisory, custodian bank benchmarking, Channel Islands fiduciary and fund administration as well as investor relations and marketing solutions.
The transaction should add approximately €80bn of AuM to Apex’s existing ManCo offering as MJ Hudson’s Irish team will join the company in Dublin.
Further, the company hopes to complement its existing ESG services, the latest development of which saw Apex acquire ESG Enterprise to manage supply chain information and risk monitoring.
Finally, Apex aims to deepen its footprint in the Channel Islands with...