Apex Group Ltd ("Apex Group"), a global financial services provider with over $3.5 trillion in assets serviced, has entered into an agreement to onboard Mercer New Zealand’s fund administration operations.
The strategic lift out will see Mercer’s experienced New Zealand administration team and operational capabilities integrated into Apex Group, ensuring continuity of service for clients while further complementing Apex Group’s fund administration and registry capability in the New Zealand market. The agreement is expected to be completed in the fourth quarter of 2026.
Apex Group has a well-established fund administration, custody, transfer agency and wealth administration business in New Zealand, with more than 200 employees providing outsourced administration services across KiwiSaver, superannuation and investment products to over 500 funds. This includes ManCo fund hosting solutions and the InvestNow direct-to-consumer platform.
As part of its continued investment in the region, Apex Group’s technology partner, Novigi, is expanding into New Zealand, building on its long-standing partnership with Apex Group in Australia. This expansion supports Apex Group’s evolving operating model as it integrates Mercer’s business. Novigi brings specialist expertise in data, technology and digital delivery to support scalable, future-ready solutions across Australasia.
Operating as an extension of Apex Group’s Australasian team, Novigi will support continuity, accountability, and a seamless client experience. As Novigi establishes its presence in New Zealand, Apex Group remains focused on maintaining business-as-usual delivery while progressively enhancing its service model to meet evolving client needs.
Peter Hughes, CEO and Founder of Apex Group, said;
“Australasia is a priority growth region for Apex Group, and New Zealand is a key part of that strategy. This agreement reflects our disciplined, long-term approach to building scale and capability in the market. We are bringing Mercer’s experienced administration team into Apex Group while continuing to invest in technology through the expansion of our partnership with Novigi. Together, these investments strengthen our platform, create meaningful opportunities for our staff, and enable us to deliver consistent, market leading outcomes for clients as we deepen our presence across New Zealand.”
Newsroom
About Apex Group
Apex Group is dedicated to driving positive change in financial services while supporting the growth and ambitions of asset managers, allocators, financial institutions, and family offices. Established in Bermuda in 2003, the Group has continually disrupted the industry through its investment in innovation and talent.
Today, Apex Group sets the pace in fund and asset servicing and stands out for its unique single-source solution and unified cross asset-class platform which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals.
Apex Group leads the industry with a broad and unmatched range of services, including capital raising, business and corporate management, fund and investor administration, portfolio and investment administration, ESG, capital markets and transactions support, as well as digital and AI solutions. These services are tailored to each client and are delivered both at the Group level and via specialist subsidiary brands.
The Apex Foundation, a not-for-profit entity, is the Group’s passionate commitment to empower sustainable change.
