Following full regulatory approval from local regulator AFM, FundRock Distribution has opened a new office location in Amsterdam. This local presence will supplement the firm’s existing multinational team which speaks over 20 languages and is well-placed to support asset managers across borders with local market insight and global connectivity.
FundRock enables clients to streamline their operations in a cost-effective manner by offering third-party ManCo and fund distribution services, complemented by a wide range of fund administration, middle office, banking, depositary and custody services offered through the Apex Group. As of December 31, 2021, FundRock oversees more than 470 funds with a total of €134 billion in assets under management.
FundRock Distribution’s new office in Amsterdam will provide proximity to clients’ key marketing and distribution markets, delivering significant time, resource and cost benefits through FundRock’s established network. of more than 170 experts in key jurisdictions including Luxembourg, United Kingdom, Ireland, France, Abu Dhabi and Singapore.
FundRock was recently named as the top-ranking Third-Party Management Company in Luxembourg by assets according to PwC’s 7th annual Management Company Observatory Barometer.
Xavier Parain, Head of FundRock comments: “We are excited to announce the further expansion of FundRock Distribution with the opening of a new office in the Netherlands. This announcement signals our strategic intent to represent asset managers across their portfolio wherever they are in the world - helping them to tackle the increasingly complex regulatory requirements of cross-border fund distribution and supporting their asset raising activities. We look forward to announcing further geographic expansion in 2022.”
Arnaud GÉRARD, CFA, Head of Distribution at FundRock further comments: “As part of the Apex Group, FundRock Distribution offers a powerful solution for asset managers, providing local substance combined with global connectivity, enabling clients to focus on their core business. Our presence in Amsterdam will help our clients to more efficiently and effectively distribute their funds across Europe and the rest of the world with the highest standards of governance and regulatory compliance.”
About FundRock
FundRock is a leading independent UCITS management company and AIFM investment fund manager. It is a subsidiary of Apex Group.
As of December 31, 2021, the FundRock group oversees more than 470 funds with a total of €134 billion in assets under management. The FundRock group has more than 170 employees in six countries Luxembourg, United Kingdom, Ireland, France, Abu Dhabi and Singapore.
Press contact:
Antonia Powell Antonia.powell@apexfs.com
