The BITE resolution was developed in response to demand from HNWIs who’re usually “under-allocated” to various asset lessons together with personal fairness, regardless of the category traditionally outperforming the S&P 500, significantly throughout “bear markets.”
Apex delivers a single-source resolution overlaying the total spectrum of economic companies merchandise to asset managers, capital markets and personal shoppers by way of over 45 workplaces and three,500 workers worldwide. The Group’s partnership with BITE gives a novel providing for Chinese language and different Asian buyers globally, and people throughout the broader APAC area, to construct an USD Options funding portfolio.
This partnership helps the market development of a shift by HNWIs in direction of on-line wealth administration options and diversification of their funding portfolio utilizing various belongings which has been underway lately and is being accelerated by the present market atmosphere.
Peter Hughes, Founder and CEO of Apex Group:
“The chance to accomplice with BITE comes at a really perfect time for Apex as we focus our APAC technique on addressing this underserved area and market alternative. The mix of our fund, monetary and company companies and longstanding presence within the area, allows us to accomplice with BITE to supply a expertise enabled distribution platform to construct Asia’s premium on-line options funding platform for prime web worth buyers.
“We sit up for working with William and their skilled administration crew who convey and glorious monitor document of constructing and operating fintech and monetary companies companies.”
William Rudebeck, Founder and CEO of BITE Investments:
“We’re vastly excited by the partnership with the Apex and the power to leverage their institutional world attain to convey BITE’s expertise pushed entry to excellent various funding alternatives. The partnership creates arguably essentially the most compelling resolution for buyers within the market.
“There are a lot of monetary ‘supermarkets’ for prime web worth people in Asia, however no really devoted, trusted, on-line supply of premium various investments, and but, given the efficiency of some various investments, we see large demand for such a platform.”
Apex Group Ltd., established in Bermuda in 2003, is a worldwide monetary companies supplier. With 45 workplaces worldwide and three,500 workers, Apex delivers an intensive vary of companies to asset managers, allocators and monetary establishments. The Group has frequently improved and advanced its capabilities to supply a single-source resolution by establishing the broadest vary of merchandise within the business; together with fund companies, digital bank account opening, paperless onboarding, depositary, custody, tremendous ManCo and enterprise options together with HR and Payroll. www.theapexgroup.com
BITE is Asia’s Premium Options Funding platform. BITE helps buyers and advisors entry funds that might in any other case be inaccessible as a result of they’re both oversubscribed, too illiquid, or have an institutional-level minimal buy-in.
BITE’s administration crew is supported by a world class set of shareholders and advisors and operates throughout the parameters of a number of the world’s most revered regulatory regimes; BITE is majority owned by VCP Advisors, which is regulated in North America (FINRA / SEC), Europe (FCA, UK), Asia (SFC, Hong Kong) and Cayman (CIMA).
Brand – https://mma.prnewswire.com/media/1168920/Apex_Logo.jpg
Brand – https://mma.prnewswire.com/media/1168921/BITE_Logo.jpg
SOURCE Apex; BITE