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FundRock CEO Parain sees future in global distribution

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FundRock, a unit of Apex Group, is Luxembourg's largest third-party management company, handling 120 billion euro for about 90 international managers.

Its CEO Xavier Parain speaks to InvestmentOfficer's Raymond Frenken about its global ambitions and plans to vertically expand its fund services into international distribution. Luxembourg, with its multilingualism and multi-jurisdiction expertise, is well positioned to become a distribution powerhouse, he said.

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