The Apex Bahrain office is regulated by the Central Bank of Bahrain and was established in January 2008 as part of Apex’s expansion into the Middle East. Our physical presence in the country means that clients can benefit from fund administration support delivered by Arabic speaking staff operating in the same time zone and working the Arabic working week; this is a key part of Apex’s ability to deliver enhanced service levels locally. Fund managers operating in Bahrain work alongside a regulator that actively promotes independent third parties such as administrators and custodians. As an independent global fund administrator with local knowledge and contacts, Apex plays an important role supporting investment managers in the region.
With the possibility of continued high volatility in global markets over the next few years, Bahrain could come out as a clear winner due to its focus on being a reliable and stable place to do business in the Middle East. The increasing popularity of Shariah compliant products and current reputation of Bahrain as a leader in the field of Islamic Finance should consolidate the country’s reputation as a leading financial hub.
Bahrain is the oldest and most established financial centre in the gulf region. Many managers choose Bahrain as a fund domicile due to the marketing benefits of having a local product known for its robust regulatory framework and jurisdictional stability. Whether a fund is domiciled locally or offshore, Apex’s ability to be flexible and tailor services to each client ensures we are an invaluable resource to clients. Through the global brand, Apex can offer confidence, transparency and security to investment managers and investors.