Credit Suisse announces global equities partnership
Credit Suisse’s Asset Management Australia has partnered with New York-based asset manager Julius Baer Investment Management (JBIM) to provide clients with “direct and exclusive” access to JBIM’s global equities products.
The partnership will enable clients to diversify their investment in global equities by allocating to JBIM via their investment with Credit Suisse, according to Credit Suisse Australia head of asset management Keith Ince.
“Our multi-boutique approach is focused on delivering the very best investment solutions and opportunities to our clients in Australia,” he said.
“The relationship with JBIM enables us to extend our international equity offering to investors in Australia and provide exclusive access to another outstanding global investment manager.”
Recommended for you
With active ETFs becoming the latest choice as fund managers target the retail audience, their high fees may be a detractor as research finds investors are shunning those priced any higher than 50 bps.
The possibility of a dissenting vote from shareholder L1 Capital has led Platinum Asset Management to scrap its conversion plan for the $450 million Platinum Capital LIC into an ETF.
Family office Lederer Group has made an off-market takeover bid for ASX-listed Elanor Commercial Property Fund, with chair Paul Lederer taking exception at the firm’s lack of accountability, oversight and transparency.
Janus Henderson is actively seeking to partner with private wealth firms in Australia as it looks to expand its number of strategic partnerships, as well as focus on retirement income product development.