Apex Group Ltd. (“Apex Group” or “The Group”), a global financial services provider, today announces that Eskom Pension and Provident Fund (“EPPF”) has appointed Apex Group to provide full portfolio management platform and investment fund administration services for a period of five years, following a rigorous and comprehensive process.
The EPPF, South Africa’s second-largest retirement fund with over R169 billion of assets under management (as at June 30, 2022), issued the tender invitation last year and received responses from top local and global banks and fund administrators. The tender included the provision of both an investment fund administration and portfolio management platform, where Apex Group provides a market leading solution to its client base.
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