Mutual Limited will transition administration for its Mutual Cash Fund, Mutual Income Fund, Mutual Credit Fund, and Mutual High Yield Fund to Apex’s fund solutions platform
The initiative also aims to enhance security and capital efficiency through the use of a globally systemically important bank (G-SIB) as the collateral custodian
The DSS intends to facilitate innovation in market infrastructure, as well as protect financial stability by evaluating blockchain and DLT in a non-live environment
Johnson will oversee all operations and go-to-market initiatives across these regions, with a particular focus on accelerating growth in the South African market