Copia signs exclusive distribution partnership with ECP
Multi-boutique asset management firm Copia Investment Partners has announced a strategic partnership with ECP Asset Management, where the former will provide exclusive retail distribution and marketing support for the latter.
Sydney-based ECP Asset Management was the fund manager for listed investment company ECP Emerging Growth Limited, formerly Barrack Street, founded by ex-Hyperion founder Emmanuel Pohl who was their chief investment officer.
“Copia has a proven track record in raising assets in the financial advice channel and we view our partnership as a good strategic and cultural fit,” Pohl said.
Copia would also act as the responsible entity for the ECP Growth Companies Fund, which would be launched as a unit trust which would offer retail investors access to the strategy that had only been available to institutional clients.
ECP was a high conviction Australian equities specialist investment manager with a team of six investment professionals and $1.7 billion funds under management.
Sam Baillieu, chief executive for Copia, said: “ECP brings to Copia a highly respected and experienced institutional grade investment proposition that we are excited to take to the retail market”.
AUTHOR
Chris Dastoor
Recommended for you
ETF investors would be wise to consider global or European exposure for their equity ETF allocations, according to AXA IM, with US government action expected to hit both its equity and bond performance.
A specialist ETF provider is seeking to become “the new Betashares” with its active ETFs, thanks to its use of algorithms to achieve outperformance.
Platinum Asset Management has entered into binding terms for a merger with L1 Capital with the firm to be renamed upon completion
Prime Value Asset Management has launched a retail fund investing in microcap companies, a new version of its existing wholesale offering.
