Powered by MOMENTUM MEDIA
moneymanagement logo
 
 

Pinnacle, Hyperion's new retail investment arm

institutional-investors/asset-management/

3 August 2009
| By Corrina Jack |

Hyperion Asset Management has announced that Pinnacle Investment Management will operate as its retail distribution arm in a move to help strengthen its retail presence.

The move will allow Hyperion to distribute its products to a wider group of investors through its part owner Pinnacle, according to Hyperion managing director Dr Manny Pohl.

“Our investment team, which has been together for more than 10 years, has produced very strong results for our institutional investors and we’re now looking forward to effectively distributing Hyperion products to a wider investment audience,” Pohl said.

Pinnacle was chosen because of its proven ability to put products in front of the right kind of investors, he said.

“Pinnacle has a unique business framework, using a multi-affiliate approach that we believe is the best model to deliver opportunities for investors and for Hyperion.

“There’s a clear value proposition that we think the advice network will be keen to embrace to the benefit of their clients and an established sales and service methodology that has been tried and tested with other boutique investment management products that Pinnacle has had success with,” Pohl said.

Pinnacle is owned by Pinnacle executives and Wilson HTM Investment Group.

“It’s a combination that gives us the best of two worlds: an asset manager that’s nimble and independent but that also has the resources to back it up,” according to Pohl.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

4 days 23 hours ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

4 weeks 1 day ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month ago

ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

1 week ago

The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

2 weeks ago

While the profession continues to see consolidation at the top, Adviser Ratings has compared the business models of Insignia and Entireti and how they are shaping the pro...

2 weeks 2 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND