Business
AGM Statement
AGM Statement.
About this update from Amicorp Fs (uk) Plc
[{"type":"text","content":"\n\n\n\n\n\n \n\n\n26 June 2025\n\n\n\n\n \n \nAmicorp FS (UK) Plc\n('AMIF', the 'Company' or the 'Group')\n \nAGM Statement\n \nAmicorp FS (UK) Plc, the international specialist fund services group, announces that at the Company's Annual General Meeting ('AGM') due to be held later today at 3.00pm (BST) at the offices of Shakespeare Martineau LLP, 6th Floor, 60 Gracechurch Street, London, EC3V 0HR, Toine Knipping, the Group's Non-Executive Chairman, will make the following statement:\n \n\"Since our FY24 annual results announcement on 25 April 2025, trading has continued to be robust with a solid performance to date in 2025 across all business divisions.\n \n\"We are still seeing organic growth from fund clients, as the broader asset management industry faces increased regulation which encourages asset managers to outsource the provision of Fund Administration and Governance and Compliance services. \n \n\"Our inorganic growth strategy also continues to bear fruit, following the acquisition of three wholly owned subsidiaries from the Financial Markets and Management Services divisions of Amicorp Group last year. All of these have been successfully assimilated and are now an important part of our growth engine.\n \n\"Since the acquisitions announced in late 2024, which strengthened our capital market outsourcing services, including Actively Managed Services ('AMC') and calculation and verification agency services, our BPO division has now seen a further 25+ new clients novate over.\n \n\"As an increasing number of clients benefit from the investment we have made in our operating platform, we believe there is an opportunity to drive additional scale over the short to medium term by signing strategic alliance agreements with asset managers in various geographies that can use our systems and processes to improve service delivery.\n \n\"We also believe there are several underserved markets, for example, in Eastern Europe, that are lacking in fund administration service providers that can cover the full range of operational and administrative tasks needed by investment funds in that region. This presents a potentially attractive opportunity for AMIF to offer support in these markets and this will be an area of focus during the rest of this year. \n&nb...