Boutique asset management group Copia Investment Partners has announced a strategic partnership with ECP Asset Management, an Australian equities fund manager established by ex-Hyperion founder Emmanuel “Manny” Pohl.
Copia will provide exclusive retail distribution and marketing support for the Sydney-based fund manager’s listed investment company (LIC) ECP Emerging Companies (formerly Barrack Street). It will also act as responsible entity for the ECP Growth Companies Fund, a soon to be launched unit trust which will provide retail investors access to the strategy that to date has only been available to institutional clients.
ECP is a high conviction Australian equities specialist investment manager established in 2013. The investment team includes six investment professionals and the business has $1.7 billion under management.
The partnership with Copia is aimed at building ECP’s retail footprint and follows a period of significant investment by Copia to bolster its retail sales and marketing resources.
“We are excited to join forces with Copia as we take our institutional investment capability to the retail market. 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,” ECP chief investment officer Manny Pohl said.
Copia CEO Sam Baillieu said the asset manager is delighted to have an investment partner with the calibre of ECP: “ECP brings to Copia a highly respected and experienced institutional grade investment proposition that we are excited to take to the retail market.”
Copia has five investment partners under its distribution umbrella: OC Funds Management (Australian small companies), Ralton Asset Management (SMA specialist in Australian equities), Vertium Asset Management (Australian equity income), Chester Asset Management (high conviction Australian and Asian equities) and ECP Asset Management (high conviction growth Australian equities).