Advance strikes a further deal with Tradewinds to offer retail investors access to its global equity fund.
Advance Asset Management (Advance) has signed a deal with global fund manager Tradewinds Global Investors (Tradewinds) to offer Australian retail investors access to its global equity fund.
The deal gives investors access to four-star rated Advance Tradewinds Global Equities Fund.
The decision to sign with Tradewinds was prompted by feedback from financial advisers, according to St George Investment Solutions general manager Patrick Farrell.
"When we ask advisers what is important to them, they really want some high conviction," Farrell said.
"They want a manager that is going to be able to add value in all sorts of market conditions, not just when the market is going up or when the market is going down. They are not pigeon-holed into a particular box and this is where Tradewinds really does stick out."
The deal enables Advance to build on its existing strategic relationship with Tradewinds.
Tradewinds has been managing international equities in the Advance International Shares Multi-Blend Fund since May 2006.
Tradewinds is a US-based global equity specialist with US$30.7 billion in assets under management.
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