MFEX is continuing its growth, both in terms of number of Fund Companies that can be accessed through the platform, and services delivered to fund distributors around the world.
In addition to the regular update on the new fund companies MFEX is onboarding every month, we would like to give you some additional information on how your fund platform is developing and the features that are being added to MFEX services.
What's new at MFEX?
- More than 560 fund companies are now distributing their funds via MFEX. Fund houses originate from all 5 continents - within more than 30 jurisdictions.
- MFEX is now working for distributors present in more than 10 European countries and 6 jurisdictions outside of Europe. In the second quarter of 2014, MFEX successfully onboarding its first distributors in the UK and Germany.
- MFEX provides paying agent service in Sweden now for 40 fund companies.
- MFEX offers SWIFT 20 022 in addition to SWIFT 15022.
- MFEX is opening an office in Singapore in order to better service Asian distributors and fund companies.
We are pleased to inform you that 5 fund companies have been added to the MFEX platform in July and August:
Uncia AM (FR) / BEA Union Investment (HK) / Vietnam AM (VN) / Gamax (LU) / Coeli AM (LU)
Uncia AM is a Paris-based asset management company specialized in high growth and quality stocks investments. Uncia has a bottom-up approach with a long-term investment horizon. The firm is looking for companies combining a high growth profile (quantitative filter) and a business model creating very strong shareholder value over the long term (qualitative filter).
Contact: Mickael Cohen
Tel: +33 1 82 28 34 14
BEA Union Investment Management Limited (“BEA Union Investment”) is a Hong Kong based joint venture, formed in 2007 between the Bank of East Asia of Hong Kong (“BEA”) and Union Investment in Germany. BEA Union Investment offers comprehensive investment solutions to retail, institutional and MPF clients with assets under management and advisory of US$6.6 billion as at June 2014.
Founded in 2006, Vietnam Asset Management Ltd. (VAM) is a fund manager that primarily engages in public and private equity investment and advisory services in Vietnam.
VAM offer international standard investment management combined with local expertise to institutional and individual clients through corporate structured funds, both open-end and closed-end, unit trusts, exchange-traded funds and segregated accounts.
Headquartered in Luxembourg, GAMAX Management AG was founded in 1992 to manage the GAMAX Funds. GAMAX Management AG became a part of one of Italy’s leading financial services providers in 2001, the Milan-based Mediolanum Banking Group. GAMAX Management now manages assets totaling EUR 427 million.
GAMAX offers a broad range of investment opportunities in three main funds: global equity, Asian-equity, and Italian government bonds.
Coeli Asset Management is a subsidiary of the independent wealth management group Coeli and is based in Stockholm, Sweden. Currently the company employs a staff of 23 specialists in Stockholm and Luxembourg.
Coeli Asset Management offers investors a comprehensive range of differentiated investment solutions including actively managed equities, single strategy hedge funds, Nordic private equity and discretionary mandates.