Apex expands to New Zealand
Apex Group has entered the New Zealand market via its acquisition of investment administrator MMC.
Founded in 2005, MMC provides outsourced investment administration services to clients. Based in Auckland, the firm administers combined funds of around $100bn for 100 clients, which include investment managers, product providers and groups of investment professionals.
As part of the deal, MMC will continue to provide fund and wealth administration services to the New Zealand investment market and the firm’s 170-strong team will join Apex.
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