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”.
Recommended for you
Magellan has closed out the financial year with funds under management approaching $40 billion and outlined its estimated performance fees.
First Sentier Investors chief executive, Mark Steinberg, is set to depart the asset manager after seven years.
Metrics Credit Partners has completed the acquisition of Taurus Finance Group and BC Investment Group as it looks to launch consumer lending arm Navalo.
AMP has announced to the ASX that it is being sued by property fund manager Dexus regarding the sale of its real estate and domestic infrastructure equity business.