Amicorp FS reports solid performance, eyes Eastern Europe expansion

Published 26/06/2025, 07:32
Amicorp FS reports solid performance, eyes Eastern Europe expansion

LONDON - Amicorp FS (UK) Plc, an international specialist fund services group, reported robust trading across all business divisions in 2025 at its Annual General Meeting held Thursday.

The company stated it continues to see organic growth from fund clients as increased regulation in the asset management industry drives outsourcing of fund administration and compliance services.

Following acquisitions announced in late 2024 that enhanced its capital market outsourcing capabilities, Amicorp’s Business Process Outsourcing division has added more than 25 new clients. These acquisitions included three wholly owned subsidiaries from Amicorp Group’s Financial Markets and Management Services divisions, which have been successfully integrated.

The company identified Eastern Europe as a potential growth market, noting the region lacks fund administration service providers that can handle the full range of operational and administrative requirements for investment funds.

"We remain committed to delivering our strategic initiatives, leveraging our expanded capabilities and capturing new growth opportunities," said Toine Knipping, the Group’s Non-Executive Chairman, in a statement released ahead of the AGM.

Amicorp FS indicated it plans to pursue strategic alliance agreements with asset managers in various regions to drive additional scale by allowing these managers to utilize the company’s systems and processes.

The company’s statement emphasized that favorable regulatory and legislative conditions, combined with recent organic and inorganic expansion, present multiple opportunities as it continues building its global fund administration business.

This information is based on a press release statement issued by Amicorp FS (UK) Plc on Thursday.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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