Ironbark teams up with Sydney fund manager
Ironbark Asset Management has announced a strategic partnership with an Australian private fund manager, Denning Pryce.
Ironbark's head of distribution, Alex Donald, said there was a strong demand for more outcome-based portfolio solutions that offered regular income, low volatility and a focus on total returns, particularly in the pre and post-retiree space.
"Over the course of 2017 and in response to investors' needs, we will launch Australian equity and a global product for Australian retail clients," he said.
"Denning Pryce runs a highly rated capability with an established track record in portfolio hedging and volatility management for institutional clients.
"Aside from the retail market, we're also working with institutional and wealth management clients to create bespoke solutions for their unique market segments. Our strategic partnership has been received well by the market and we've had lots of interest already."
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