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Apex Group Ltd. ("Apex" or "the Group"), a global financial services provider, today announced the successful close of the acquisition of Boutique Collective Investments (RF) (Pty) Ltd ("BCI") and Boutique Investment Partners (Pty) Ltd ("BIP"). BCI is a collective investments scheme manager ("ManCo") with a core business focus on third-party branded portfolios. BIP is an independent investment management and consulting firm providing multi-manager and consulting services to leading South African independent financial advisors, and their retail and institutional clients[1]. BCI will become an Apex Group company alongside the existing FundRock brand which delivers the Group's ManCo services, enabling more than 1,200 funds with a total of €221 billion in assets under management in 14...
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