Apex makes two acquisitions in New Zealand

Apex has acquired Implemented Investment Holdings Limited, the parent company of Implemented Investment Solutions (IIS) and InvestNow, both based in New Zealand.

IIS provides investment services to global fund managers, supporting them in establishing and distributing New Zealand domiciled funds to their investors. IIS manages 22 investment schemes with approximately NZ$5bn of assets under management.

InvestNow is a digital retail investment platform enabling 25,000 clients to invest online in 150 different managed funds from New Zealand and global fund managers, as well as a range of different banks’ term deposits.