SG Hiscock & Company has entered into a new partnership with EAM Global Investors (EAM) to distribute the US-based fund manager’s global small cap strategy in the Australian market.
EAM manages a range of strategies including Global Opportunities, a strategy established in 2017 which seeks to deliver consistent alpha by investing in global small cap companies that correspond to the market capitalisation range of the MSCI ACWI Small Cap Index.
According to SG Hiscock, EAM will join the high conviction fund manager’s partnership program, sitting alongside other global funds management businesses including Morgan Stanley Investment Management (Australia) and LaSalle Investment Management Securities.
Commenting on the move, SG Hiscock executive chair and chief investment officer Stephen Hiscock said that EAM would complement the existing managers in the partnership program.
“The global small cap market is a fascinating space in this economic environment, and EAM is a well-respected fund manager with a proven track record of delivering returns for investors,” he said.
“Under the program, we’re able to provide Australian investors with access to investment opportunities across global equities and global real estate investment trusts, and now with EAM, global small caps.”
Additionally, Mr Hiscock said that EAM saw value in SG Hiscock’s distribution team acting as ambassadors for its product and strategies in Australia.
EAM’s systematic investment approach, dubbed “Informed Momentum”, sees the firm invest in companies with positive momentum and adds rationale and risk management to deliver alpha.
“SG Hiscock & Company has a strong investment network in the Australian market, and it has a proven ability to effectively deliver products and strategies on behalf of global managers,” commented EAM chief investment officer Travis Prentice.
“Our firm has existing institutional client relationships in Australia and we are thrilled our capabilities will now also be available to the adviser market. The distribution team at SG Hiscock comes highly regarded, and we’re excited to tap into their expertise and relationships with domestic adviser groups.”
The two firms had earlier entered into a strategic partnership for SG Hiscock to distribute abrdn’s international funds in Australia, with management of the abrdn Australian Small Companies Fund and the abrdn ex-20 Australian Equities Fund also transferring to SG Hiscock.
“Both SG Hiscock and abrdn have been committed to ensuring all clients continue to be looked after during this time,” SG Hiscock chief executive Giles Croker said at the time.
“In the short term, our focus will be on integrating the transferring staff into our business and creating a unified culture that ultimately benefits our combined investor base.
“As part of the transition, business development, consultant relations, marketing and client service staff have now moved across to our firm, ensuring continuity of services, relationships, and knowledge.”
