Heathcote partners with Castle Point



Heathcote Investment Partners will be distributing Castle Point Funds Management funds to its New Zealand investment advisory community after forming a distribution relationship.
Heathcote Investment Partners director, Clayton Coplestone, said: "We have experienced Castle Point's highly disciplined investment approach first hand, and remain impressed with their emphasis on thorough research combined with a focus towards the preservation of capital".
Castle Point's co-founder, Richard Stubbs, said the partnership would help the firm increase their resources for supporting advisers.
"The team at Heathcote are aligned with our core investment philosophy — our use of cash for defence together with having a focused aligned team, a long-term approach and a rigorous approach to in-depth research," Stubbs said.
Recommended for you
Record flows into iShares ETFs helped BlackRock’s assets under management reach US$13.5 trillion in the third quarter, but it reported outflows from the APAC region.
Regal Partners has passed $20 billion in funds under management, helped by $723 million in net inflows during the last three months.
Global investment manager Fidante has formed a strategic partnership with a London-based asset manager to secure exclusive distribution rights across the APAC region.
Blackwattle Investment Partners has hired a management trio from First Sentier Investors – who departed amid the closure of four investment teams last year – to run its first equity income offering.