Subscribe to our newsletter

Ironbark AM to acquire Certitude Global Investments

Ironbark AM to acquire Certitude Global Investments

Reporter
— 1 minute read

Ironbark Asset Management is set to acquire Certitude Global Investments from HFA Holdings Limited.

Ironbark will obtain 100 per cent of the issued capital of Certitude – the responsible entity of several registered managed investment schemes – once the acquisition is finalised on 30 April.

According to a statement issued by Certitude, the acquisition is part of Ironbark’s strategy to “maximise its footprint” in Australian asset management.

Advertisement
Advertisement

Ironbark chief executive officer Chris Larsen said the acquisition was a “good strategic fit with its existing partnerships”.

“The Certitude business provides a particular capability in global asset management that complements Ironbark’s existing offers and fund managers,” Mr Larsen said.

“We are delighted to be acquiring a business of such strength and capability, with strong customer relationships.”

Certitude chief executive Craig Mowll added: “Certitude has a strong business model and this move ideally positions it to continue growing.

“We know this acquisition will deliver the scale of opportunities to Certitude’s existing investment management suite, which will ultimately benefit our clients.”

 

Ironbark AM to acquire Certitude Global Investments
investordaily image
ID logo

related articles

  • WAM completes Century deal

    Wilson Asset Management has completed its merger with Century Australia Investments, as it saw a positive outcome following the royal commis...

  • Private equity merger deals surge

    Australia saw 583 merger and acquisition (M&A) transactions worth $125.2 billion in 2018, with the private equity sector marking the hig...

  • Managed Accounts to rebrand

    Managed Accounts Holding is rebranding to Xplore Wealth to reflect the company’s growth purpose and underline its offering.  ...

promoted stories