Arysteq strengthens Apex Group partnership

Solidifying
STAFF REPORTER
  • 16 Hours Ago
Arysteq Asset Management, has strengthened its partnership with Apex Group by adopting the global financial services provider\'s fund administration and transfer agency services.



The move supports Arysteq\'s continued growth trajectory as the company manages over N$4 billion in assets. The investment manager has achieved several firsts for Namibia, including launching the country\'s first Exchange Traded Fund (ETF) listed on the Johannesburg Stock Exchange and becoming the first African asset manager to use Apex Group\'s RiskMonitor platform for advanced risk oversight.



Arysteq began as an incubation manager for the Government Institutions Pension Fund (GIPF) and has since grown into a significant contributor to Namibia\'s financial sector development and localisation goals.



"We love partnering with the right people in our business relationships, and the team at Apex Group has been phenomenal in helping to build the Arysteq brand and in ensuring that our values of relationships and innovation remain strong. Their involvement has allowed us to ensure that we focus on our core business, which is in delivering superior returns and superior service to our clients," said Purvance Heuer, MD of Arysteq Asset Management.



“Arysteq’s success story is one of resilience, innovation, and commitment to Namibia’s economic growth. As a local partner on the ground, Apex Group is proud to walk this journey with them, supporting their vision with global best practice and technology. Together, we are showcasing that Namibia’s financial sector has the capability and expertise to compete regionally and internationally," Sybil Somaes, country head of Namibia at Apex Group, said.