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FSCA fines Praesidium operators millions

Regulator fines investment manager R20m for running project similar to Ponzi scheme

SA's financial services watchdog has fined Praesidium Advisory Services director Craig Massyn R20 million and barred him from the industry for two decades.

Apex wins full-service mandate from frontier markets fund manager Frontera Capital Group  - Global Custodian – The Leading quarterly magazine covering the international securities services industry

Apex wins full-service mandate from frontier markets fund manager Frontera Capital Group  Frontera will utilise Apex’s single-source solution with a unified point of contact across all aspects and operational demands of the fund.   December 14, 2020 11:26 AM GMT Apex Group has been selected by Abu Dhabi-based frontier markets fund manager Frontera Capital Group to provide a full suite of fund services, marking the latest in a string of mandates in the Middle East region for the global fund services provider.  Apex will provide Frontera with fund management, administration, custody and corporate services, allowing the firm to utilise Apex’s single-source solution with a unified point of contact across all aspects and operational demands of the fund.  

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