Certitude partners with Columbia
HFA Limited offshoot Certitude Global Investments has entered into a partnership arrangement with US investment manager Columbia Management Investment Advisers.
Certitude announced the arrangement this week, saying the partnership was intended to facilitate the distribution of Columbia's products to Australia and New Zealand retail and wholesale investors.
The announcement said the first such product to be brought to market under the arrangement would be the Columbia Management Credit Fund, which had been seeded by a prominent family office.
Certitude chief executive Craig Mowll said the move reflected increasing investor interest in global investment solutions.
"Australian and New Zealand investors are beginning to understand that investing onshore only provides them with 2 per cent of the entire investment opportunities and it is time to go global," he said.
"Columbia has a great reputation and is a leading long-term investment manager in the US. We believe that this will transfer well here," Mowll said.
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