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Fund services news

Apex Group appointed fund administrator for Mutual Limited


14 April 2025 Australia
Reporter: Jack McRae

Generic business image for news article
Image: stock.adobe.com/Maurizio De Mattei
Apex Group has been appointed as fund administrator and transfer agency service provider for Mutual Limited’s retail funds business.

Mutual Limited will transition administration for its Mutual Cash Fund, Mutual Income Fund, Mutual Credit Fund, and Mutual High Yield Fund — four retail products — to Apex’s fund solutions platform.

The solution aims to deliver a streamlined portal; offering greater visibility, faster transaction processing, and improved reporting tools.

Thomas O’Neill, business development director at Apex Group, says: “Being appointed as administrator for Mutual Limited is further evidence of our commitment to the market and ability to support managers with their digital transformation and added product functionality that enables future growth.”

Wayne Buckingham, managing director at Mutual Limited, adds: "Partnering with Apex allows us to further enhance the experience we provide to both investors and advisers.

“Mutual Limited’s focus on high-quality, creditworthy securities, coupled with Apex’s modern digital infrastructure ensures we can continue to deliver the reliable outcomes our clients expect, while offering greater accessibility and service efficiency."
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