Hedge funds are packing up and heading south. Is this a continuing trend or a brief part of the financial sector's ongoing evolution?

Apex Fund Services -- one of the world's largest independent fund administration companies with more than $20 billion of assets under administration -- recently opened a new office in Miami, Florida. Vincent M. Sarullo, Managing Director of Apex Fund Services in the U.S., told StreetID that his company was drawn to the "significant growth in the south, specifically the South Florida region."

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