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Operating in a sizeable, growing and highly fragmented market, Investcorp believes that ABAX is well positioned to leverage its prominent brand and reputation to continue to deliver a high quality of service to its customers backed by the additional operational experience Investcorp is able to bring to the Company.
Yusef Al Yusef, managing director at Investcorp in Kuwait, said: "We think that ABAX is another great addition to Investcorp's European portfolio.
Based in Cape Town, Abax serves retail and institutional clients across an array of equity, balanced, and hedge fund strategies.
Dutch soccer giants Ajax have formed a new partnership with Norway-headquartered ABAX, a vehicle tracking and fleet management company.
Peterborough passed up the chance to narrow the gap on the top three as they were held to a 1-1 draw by Shrewsbury at the ABAX Stadium.
NYSE: AMG) has entered into a definitive agreement to acquire an equity interest in South African asset manager Abax Investments Ltd, the company said.
ABAX feels that the new treaty as a whole is favourable to inbound investors in South Africa while South African enterprises using the Mauritius jurisdiction for their international expansion will find it a little more onerous to satisfy.
Many more goals like his volleyed winner at the ABAX Stadium and that bizarre stat will soon change.
That was the message from Abax director and chief executive officer Richard Arlove to delegates.
Sound corporate governance must be the foundation of the region's mortgage sector, according to Abax Group chief executive officer Richard Arlove.
The Swiss bank has hired Happ from Abax Global Capital, where he was head of business development at the Hong Kong-based alternative investment fund.