US investment firm partners with Breakwater Advisory
US-based investment firm Voya Investment Management (IM) has partnered with third-party marketing and advisory firm Breakwater Advisory to offer asset management services to Australian institutional investors.
Through the partnership, the US firm will provide services across many asset classes including multiple fixed income segments of the market, and equity and multi-asset strategies and solutions.
“Voya IM long ago identified Australia as an attractive and fast-growing market and we are excited to be able to offer our services to Australian institutional investors,” Voya IM’s managing director, head of institutional distribution Bas NieuweWeme said.
“We believe that our unique expertise in several asset classes, including senior loans, mortgage derivatives, commercial real estate and private and public debt investments can help Australian investors meet their goals.”
Voya IM manages around $207 billion for institutions and individual investors.
Breakwater Advisory, which is headed by Andreas Faeste, was formed this year and is the formalisation of distribution-based consulting practice Faeste Consulting.
It offers advisory and fund placement services to asset management firms looking for representation in the Australian and New Zealand capital market.
AUTHOR
Malavika Santhebennur
Recommended for you
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.
Volatility in US markets means currency is becoming a critical decision factor in Australian investors’ ETF selection this year.
Clime Investment Management is overhauling the selection process for its APLs, with managing director Michael Baragwanath describing the threat of a product failure affecting clients as “pure nightmare fuel”.
Global X will expand its ETF range of exchange-traded funds next month with a low-cost Australian equity product as it chases ambitions of becoming a top issuer of ETFs in Australia.
