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."
AUTHOR
Oksana Patron
Recommended for you
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.
Global investment manager First Sentier Investors has launched an umbrella brand to provide greater clarity around its shift to a multi-affiliate asset manager encompassing six investment teams.
Janus Henderson has seen intermediary outflows in the second quarter of US$1.2 billion, although its deal with insurer Guardian means overall net flows are US$46.7 billion.
Infrastructure assets are well-positioned to hedge against global uncertainty and can enhance the diversification of traditional portfolios with their evergreen characteristics, an investment chief believes.
