Eskom Pension and Provident Fund (EPPF) has appointed Apex to provide portfolio management platform and investment fund administration services for a period of five years. EPPF is South Africa’s second-largest retirement fund with over ZAR169bn (USD9.3bn) AuM.
Apex will provide front- and middle-office services including portfolio construction and rebalancing; portfolio management; digitised order management; pre- and post-trade compliance; real-time sell-side integration; portfolio administration; multi-manager fund administration and fund reporting.