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Hamilton12 appoints Apex Group for new fund launch

28 March 2023

Apex Group Ltd. (“Apex Group” or “The Group”), a global financial services provider, today announces its appointment by Hamilton12 to support the launch of their Australian Shares Income Fund.

Hamilton12 focuses on creating systematic, rules-based investment strategies designed to help investors achieve positive risk-adjusted returns at a lower cost. The Hamilton12 Australian Shares Income Fund, launching in March 2023, aims to generate long-term after-tax returns for Australian resident investors in excess of the Benchmark after fees, including an annual gross dividend yield (including franking) that exceeds the gross dividend yield of the Benchmark.

The Fund uses the same systematic, rules-based approach as the Hamilton12 Australian Diversified Yield Index that allocates the portfolio towards Securities offering high franked dividend yield and aims to mitigate risk by ensuring the Fund is diversified across industry sectors.

Apex Group has been appointed to provide Fund Administration, Transfer Agency and Custody services, with K2 Asset Management Ltd acting as trustee to the fund.  

Fund administration is at the core of Apex Group’s single-source solution, delivering timely, accurate and independent services, underpinned by market leading technology platforms. According to a recent Total Economic Impact (TEI) report by Forrester Consulting, clients of Apex Group’s single-source solution achieve, on average, cost benefits of $5.39m, with a net present value of $2.75m over a three-year period.

This appointment follows Apex Group’s continued growth in Australia and New Zealand, including the strategic acquisitions of Mainstream Group and MMC in 2022, and new client wins including Yarra Capital Management, Capital Prudential, Foord Asset Management, Octopus Investments Australia, Perennial Partners and New Forests.

Nick Bradford, Head of Business Development, Australia and New Zealand at Apex Group comments: “Following the integration of Apex Group’s acquisitions in Australia, we have continued to see strong client demand in the first quarter of 2023, for our expanded suite of services, driving our organic growth in the region. We are proud to be supporting the launch of Hamilton12’s new Australian Shares Income Fund through our consultative approach and provision of flexible solutions. Hamilton12’s appointment of Apex Group for fund administration, transfer agency and custody services is yet further recognition of the compelling benefits and efficiencies of our single-source model.”

Richard McDougall, Managing Director and Co-Founder of Hamilton12 further comments: “We are pleased to be working with Apex Group to offer to wholesale and sophisticated Australian resident investors our after-tax focused systematic investment strategy through the Hamilton12 Australian Shares Income Fund. Apex Group’s single-source solution means that we can access all the fund administration and custody services via one contract, delivered by an experienced local team. We have been impressed with their advice and adaptability in bringing our fund to market, and are confident in their ability to offer scalable solutions as we grow.”


About Apex Group

Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With over 80 offices worldwide and 12,000 employees in 35 countries, Apex Group delivers an expansive range of services to asset managers, financial institutions, private clients and family offices. The Group has continually improved and evolved its capabilities to offer a single-source solution through establishing the broadest range of services in the industry; including fund services, digital onboarding and bank accounts, depositary, custody, super ManCo services, corporate services including HR and Payroll and a pioneering ESG Ratings and Advisory solution. Apex Group’s purpose is to be more than just a financial services provider and is committed to driving positive change to address three core areas; the Environment and Climate Change, Women’s Empowerment and Economic Independence, Education and Social Mobility.

Press contact:

Antonia Powell antonia.powell@apexgroup.com


About Hamilton12

Founded in 2017 by Dr Jason Hall, Richard McDougall and Damian Vassallo, Hamilton12 focuses on creating systematic, rules-based investment strategies designed to help investors achieve positive risk-adjusted returns at a lower cost.

We offer investors a transparent and disciplined way to increase returns, minimise risk and reduce expenses on a persistent basis. Our portfolio construction approach is grounded on rigorous theory, market segmentation and the impact of taxation on investment returns.

We believe investors are searching for fee minimisation, tax efficiency, and above-benchmark performance. We seek to provide solutions by using portfolio formation techniques grounded in theory and evidence and matched to investors' risk constraints and return expectations.


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