Apex has been appointed by Foord Asset Management to support its expansion into the Australian market. Apex will provide fund administration, transfer agency and custody services to Foord’s new Australia-domiciled fund, the Foord Global Equity Australian Feeder Fund. This follows the recent announcement that Foord had appointed Equity Trustees as the Responsible Entity (trustee) for the fund. This fund, targeting Australian long-term investors, invests exclusively in Foord SICAV – Foord Global Equity Fund (Luxembourg), comprised of a diversified portfolio of global equities.