The Swiss supervisor stated the transaction was a part of its technique to streamline its operations and concentrate on its core funding administration capabilities.
Beneath the deal, GAM Fund Administration (Dublin) and its in-house switch company can even be bought to Apex. The 2 corporations have additionally inked a partnership which can see GAM combine Apex’s platform, providers and capabilities.
GAM appoints Liontrust as delegated supervisor of Star Alpha Know-how technique
Elmar Zumbuehl, CEO of GAM, stated: “This settlement with Apex Group is a testomony to our dedication to focus relentlessly on behalf of…