Following the successful launch of property fund manager Real Estate Capital Partners, the group behind it has announced the launch of a specialist alternative investment manager with an equity asset class focus, Quattro Asset Management.
Andrew Saunders, chief executive officer of the business, said: “Our long-term plan was always to expand into other asset classes utilising our strong business relationships and expertise.”
Stakeholders in the new fund manager include executive staff drawn from established finance houses such as Macquarie, Allco, Goldman Sachs and Maple Brown Abbott.
Quattro has the financial backing of the Mulpha Group and a close association with Hong Kong’s largest non-bank financial services company, Sun Hung Kai Financial.
“We recently reached an arrangement with Sun Hung Kai Financial to distribute their market leading funds in Australia. Quattro provides us with an appropriate platform with which we can do this and we plan to launch the first offer to the market, Vault 08, in the coming weeks,” Sanders said.
Quattro executive director David Adiseshan said Vault 08 is an innovative, low cost capital guaranteed product that offers retail investors exclusive exposure to five of UBS’ proprietary global investment strategies.
“We undertook a significant amount of market research to establish the product, identifying the need for a low cost, relatively short-term capital guaranteed product that could really work for investors. Given our strong relationship with UBS following Hi Q, we spent more than 13 months working with UBS to develop and build what we believe is a market leading fund.”
