Zenith wins BT Financial Group contract
BT Financial Group has appointed Zenith Investment Partners as its sole external research provider, with the contract set to commence on 1 October 2012.
Zenith will replace Standard & Poor's, which recently announced its departure from the Australian funds research and ratings market later this year.
Though it will be the sole external research provider, Zenith will complement BT's internal research capabilities and will work closely with head of research and strategy Piers Bolger.
Bolger said the company was looking forward to working with Zenith.
"The research framework of Zenith complements our internal investment research philosophy and process, and provides a strong platform to meet the needs of our adviser community," he said.
Zenith regards this contract win as a significant achievement, according to founder and director David Smythe.
"The research team and broader business has continued to grow steadily, especially in recent years in a difficult investment environment," he said.
"This gives us further confidence that we are well positioned and appropriately resourced to service the investment and research needs of BT Financial Group."
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