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Melbourne boutique signs distribution deal

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By Reporter
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3 minute read

Melbourne global equities fund manager Munro Partners has entered into a distribution agreement with Grant Samuel Funds Management.

Grant Samuel Funds Management (GSFM) will distribute the Munro Partners long/short global equities fund in Australian and New Zealand as part of a new partnership between the firms.

Munro Partners is a partner-owned Melbourne boutique founded in July 2016 by former K2 Asset Management portfolio manager Nick Griffin.

Mr Griffin is Munro's chief investment officer and has responsibility for the firm's "flexible absolute return mandate".

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Munro Partners is the fifth specialist fund manager to enter into a distribution partnership with GFSM.

GFSM director and head of distribution Damien McIntyre said, "Munro brings a new capability to the opportunities we bring to investors, through a long/short international equities strategy that already has a strong track record.

"The Munro Partners investment team has impressive credentials and Nick has a 10-year track record running assets with a similar investment philosophy in the past.

"Munro Partners have made great strides in building their business to date, growing to over $80 million in retail assets under management in just 10 months since launch. We look forward to working with Munro to help them achieve the next stage of their growth."

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