Bell AM announces distribution partnership with US manager
Melbourne-based specialist boutique global equity manager, Bell Asset Management (Bell AM) has announced a joint venture distribution partnership with US-based Spouting Rock Asset Management, a multi-boutique manager platform providing investment solutions and services.
The strategic partnership would be expected to create a distribution platform for Bell Asset Management’s global equity strategies in the Americas, including the development of several collective investment trusts.
Bell AM said it had a long history of managing assets for US pension funds and offered both global all-cap and SMID-cap strategies.
Spouting Rock was a specialist in providing alternative, traditional and thematic investment solutions that helped enhance portfolios and protect wealth.
"Leveraging our existing network and expanding further into the U.S. market is the next step in the evolution of Bell Asset Management,” Bell AM’s chief investment officer, Ned Bell.
“Spouting Rock’s trusted relationships, forward-thinking investment approach and shared services model will be invaluable to our team as we bring our investment solutions to the Americas.”
“We’re excited to welcome our Australian partners to the Spouting Rock family,” chief executive of Spouting Rock, Andrew Smith, said.
“For nearly two decades, Ned and Adrian have built several highly successful strategies across global equities. Bell Asset Management’s complementary strategies, ESG capabilities and unparalleled professionalism serve as a strong foundation for this partnership.”
AUTHOR
Oksana Patron
Recommended for you
Women are expected to inherit US$124 trillion through the intergenerational wealth transfer, but Capital Group has found they are twice as likely to rely on social media for advice over a financial adviser.
Challenger Investment Management has raised $350 million during the offer period for its new ASX-listed investment structure.
A week after Lonsec downgraded multiple funds from Metrics Credit Partners, rival research house Zenith Investment Partners has opted to retain its ratings for the same funds.
Strong adviser engagement has helped Praemium reach $1 billion in inflows on its Spectrum offering, with a deal with Western Australian wealth firm Euroz Hartleys expected to add as much as $2 billion.
