Winston Capital Partners continues growth plans
Funds management and third party marketing and distribution firm Winston Capital Partners has made two senior appointments and signed up two managed funds in line with its growth plans.
Winston was formed nearly a year ago by founding partners Stephen Robertson and Andrew Fairweather as a means of filling what they saw as a gap in the Australian investment management market for distribution, capital-raising and advice services.
As part of its ongoing expansion, Winston has appointed Rory MacIntyre - former Perpetual acting group executive for global equities - as a partner.
With more than 20 years financial services experience, MacIntyre has substantial expertise in the areas of capital-raising, distribution advisory and coaching.
Appointed as associate - business development at Winston, Chad Nikolav was most recently a senior research analyst at Challenger.
Before that, he was previously responsible for marketing, business development and relationship management for AMP Capital Management Brookfield, focusing on its listed infrastructure and listed property capabilities in the Asia-Pacific region.
Winston also recently signed Yellow Brick Road Wealth Management’s Smarter Money Fund, and Morphic Asset Management’s Global Opportunities Fund.
“Having such depth of experience in distribution made a great deal of sense for us, given the 60-plus years of experience among Winston’s founders, which has ultimately fast-tracked our market entry with a well planned approach,” YBR Funds Management head of product development Darren Harvey said.
Fairweather said Winston was in discussion with a number of other asset management businesses.
“Each represent a high benchmark in quality and execution discipline in their respective asset classes,” he said.
“There is a clear gap for high quality specialist marketing and distribution services in both the wholesale and retail sector, which Winston is resolved to meet.”
Recommended for you
Platinum Asset Management has put its two closed-end funds under strategic review in a bid to reduce the share price discount to pre-tax NTA and maximise shareholder value.
In the latest Meet the Manager profile, Money Management speaks with Michael Skinner, founder and managing director at Blackwattle Investment Partners.
Perpetual has seen AUM rise 6 per cent in the last quarter but the departure of a longstanding JOHCM fund manager led to outflows of $2.2 billion from his strategy.
Global fixed income fund Bentham Global Opportunities has been added to several major platforms, enabling it to be accessed more easily by financial advisers.