Ironbark Asset Management, the third-party marketing and multi-affiliate manager, is working on an SMA with a wealth advisory firm, concentrating on a multi-asset strategy. Ironbark Asset Management will be the RE.
Ironbark, which represents assets of about $2.9 billion in the ‘multi-asset’ product sector, was started by former Deutsche Asset Management chief executive Chris Larsen in 2009. It has been very successful. The firm tries to have a representative on the investment committees for all its clients.
The proposed new product strategy follows an upbeat global fixed income report by Foresight Analytics, an Australian specialist research firm, published last month (see separate report this edition).
Note: An earlier version of this article identified the wealth advisory firm as Bankwest. This was incorrect.