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
Maple-Brown Abbott has appointed Sophie Metcalfe from Schroders as a business development manager as it seeks to grow its reach with financial advisers.
Having unsuccessfully tried to acquire Pacific Current Group last year, GQG Partners has agreed to acquire three of its US-based affiliates.
The central bank has announced its second interest rate decision since a major revamp.
Over three-quarters of consumers say they would be more likely to invest in products that were verified by an independent source as being responsible, with greenwashing fears on the rise.