Eskom pension fund deal awarded to Bermuda-based new entrant to SA
The contract extends an agreement with Maitland International, an SA-founded firm bought out in January
16 April 2023 - 17:50
UPDATED 17 April 2023 - 09:24
Global financial services firm Apex Group has won a five-year contract extension to provide fund administration and platform services to the Eskom Pension and Provident Fund (EPPF).
The EPPF, which had R169bn in assets under (AUM) management at end-June 2022, issued a tender invitation in 2022 to provide investment fund services. It selected Apex from a pool of top local and global banks and fund administrators...
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