Apex Group appointed fund administrator for $2.3 billion Mutual Limited Retail Funds business

Apex Group has been appointed to provide fund administration and transfer agency services for leading Australian credit manager Mutual Limited.

Mutual Limited, established in 2009, is an independently owned Australian investment manager specialising in cash, credit, and fixed income. With a strong track record of performance and reliability, the firm actively selects creditworthy securities to provide safe and consistent returns. Mutual Limited focuses on managing funds for conservative investors, prudentially supervised entities, and those operating under regulated investment regimes.

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

The new partnership will significantly enhance the digital experience for advisers and investors. Apex’s integrated, end-to-end solution will deliver a streamlined portal offering greater visibility, faster transaction processing and improved reporting tools. Mutual Limited’s adviser network will benefit from deeper integration with platforms and systems, helping them to better serve their clients with timely, accessible information.

The move also provides Mutual Limited with access to scalable, future-ready technology to support its continued growth and evolving product suite.

Thomas O’Neill, Business Development Director at Apex Group said: “Apex Group prides itself on its market-leading commitment to using technology to deliver improved results and experiences to investment managers and their investors alike. 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 said: “Partnering with Apex allows us to further enhance the experience we provide to both investors and advisers. In an environment of ongoing market volatility, investors are increasingly seeking safe and consistent investment options. 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.”