Apex and BITE Announce Partnership to Deliver New Solutions to Asian Asset Management Market

Apex and BITE Announce Partnership to Deliver New Solutions to Asian Asset Management Market

Apex Group Ltd. (“Apex” or “the Group”), a global financial services provider and BITE Investments (“BITE”), a fintech company providing high net worth investors (“HNWIs”) access to alternative investments, announce the launch of a partnership to deliver enhanced solutions to the Asian asset management market.

Read More: Bank of Montreal, Motley Fool, Pernod Ricard USA and Wabtec Among Customers That Signed On With BlackLine In Q1 2020

BITE provides high net worth investors access to alternative asset funds and their underlying, direct co-investment opportunities, in smaller more manageable sized amounts and has recently closed a pre-Series A funding round backed by Apex.

The BITE solution was developed in response to demand from HNWIs who are typically “under-allocated” to alternative asset classes including private equity, despite the class historically outperforming the S&P 500, particularly during “bear markets.”

Read More: GlobalFintechSeries Interview with Ashish Singhal, CEO and Co-Founder at CRUXPay

Apex delivers a single-source solution covering the full spectrum of financial services products to asset managers, capital markets and private clients via over 45 offices and 3,500 employees worldwide. The Group’s partnership with BITE provides a unique offering for Chinese and other Asian investors globally, and those across the broader APAC region, to build an USD Alternatives investment portfolio.

This partnership supports the market trend of a shift by HNWIs towards online wealth management solutions and diversification of their investment portfolio using alternative assets which has been underway in recent years and is being accelerated by the current market environment.

Read More: SIMON Markets LLC and Raymond James Launch New Strategic Partnership for Annuities

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password