Fiducian and Heathcote link for NZ distribution
Publicly-listed financial services firm, Fiducian Group has moved to extend its reach into New Zealand via a relationship with Clayton Coplestone's Heathcote Investment Partners.
Fiducian and Heathcote confirmed the distribution relationship this week, with Fiducian's managing director, Indy Singh, saying he was excited about the agreement given Heathcote's proven model for successful promotion of select investment opportunities.
He said it also showed the recognition of Fiducian's Manage the Manager system.
"We don't aim to shoot the lights out — we aim for consistent, above-benchmark returns and we deliver them year-in, year-out," he said.
Coplestone said Heathcote had been following the success of Fiducian for many years and had a high regard for its investment capabilities and forward thinking.
"We're particularly enthusiastic about Fiducian's long-standing abilities in managing investments in India," he said.
"Following some years of mutual due diligence, we're delighted that Fiducian has agreed to offer its successful investment capabilities into New Zealand. The other main reason for this decision is the encouraging reception received by managing director Indy Singh upon his recent visit to Auckland in October."
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