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Apex Group half Year Commentary on Mauritius H1 Financial trends

As we saw in the first half of 2023, difficult macro conditions have created challenges as well as opportunities in market dislocation for asset managers and the financial services industry in Mauritius.

Global financial services provider Apex Group launched its business in Mauritius in 2006, combining an experienced local team and fully integrated technology which results in a fast and efficient service in all areas of the global fund administration business. Apex Group’s presence in Mauritius has grown in recent months to employ over 1,200 people (following the acquisition of Sanne Group) and service over $200bn of client assets.

In March 2023, Apex Group welcomed Dr. Rama Sithanen, Former Deputy Prime Minister and Minister of Finance to the role of Independent Director and Chairperson of Apex Group companies in Mauritius.

Continued impact of economic uncertainty, volatility and geopolitical tension on the Mauritius market –

How these global conditions could create opportunities for investors in Mauritius;
How high inflation and rising interest rates have and will continue to impact the Mauritian economy;
Rising interest in renewable energy, sustainable and socially responsible investing for Mauritian fund managers;
Outlook for technology-led disruption of the Mauritius investment landscape in 2023 and beyond;
Overcoming the talent challenge in Mauritius financial services in H2 2023.
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