Copia signs exclusive distribution partnership with ECP
Multi-boutique asset management firm Copia Investment Partners has announced a strategic partnership with ECP Asset Management, where the former will provide exclusive retail distribution and marketing support for the latter.
Sydney-based ECP Asset Management was the fund manager for listed investment company ECP Emerging Growth Limited, formerly Barrack Street, founded by ex-Hyperion founder Emmanuel Pohl who was their chief investment officer.
“Copia has a proven track record in raising assets in the financial advice channel and we view our partnership as a good strategic and cultural fit,” Pohl said.
Copia would also act as the responsible entity for the ECP Growth Companies Fund, which would be launched as a unit trust which would offer retail investors access to the strategy that had only been available to institutional clients.
ECP was a high conviction Australian equities specialist investment manager with a team of six investment professionals and $1.7 billion funds under management.
Sam Baillieu, chief executive for Copia, said: “ECP brings to Copia a highly respected and experienced institutional grade investment proposition that we are excited to take to the retail market”.
Recommended for you
Financial advisers will have access to private equity investments run by WTW for the first time as it launches a pooled fund to provide savers with access to traditionally institutional assets.
Three solutions providers – Betashares, Franklin Templeton and Russell Investments – have all launched new ETF products, including one range which uses gearing to help build wealth.
Platinum Asset Management chief executive, Jeff Peters, has shared a progress update on its newly announced turnaround strategy.
There is a role for advisers using inflation-linked bonds in portfolios, according to AXA IM, as the possibility of higher inflation necessitating another US rate hike is not out of consideration.