Orion links with Trilogy in Australia
Emerging growth-style manager Orion Asset Management has announced the formation of a distribution alliance with US-based boutique asset management firm, Trilogy Global Advisors.
Under the deal, Orion will introduce clients and investors to three new funds being established by Trilogy.
While the arrangement is initially institutionally focussed, Orion has indicated it will be looking towards retail distribution down the track.
Commenting on the arrangement, Trilogy chief investment officer Bill Sterling said the company was excited about the possibilities in Australia and committed to building its client base in this country.
Orion business manager Dominic Fallins said the four-year-old boutique had been working with Sterling for some years and knew his team at Trilogy well.
“The other key attractions for us are that Trilogy’s approach to managing both their business and their clients’ money is very similar to our own, and their global and emerging markets products are top quality,” he said.
The former chief investment officer at Credit Suisse Asset Management Australia, Tim Ryan, founded Orion Asset management in 2002.
AUTHOR
Mike Taylor
Recommended for you
AZ NGA’s CEO has unpacked how its recent $345 million debt facility from Barings will accelerate its advice network’s growth ambitions, and allow its largest firms to access a greater source of funding.
Research by Colonial First State has found women are reluctant to make retirement preparations, despite 62 per cent saying they feel that they are unable to achieve a comfortable retirement.
Managed accounts saw net inflows of $14.3 billion in the six months to 31 December, according to the latest IMAP FUM census.
The increased bids for Insignia from Bain and CC Capital value the company at $3.3 billion, while there is still a possibility for competing bids from rival players such as Brookfield.
