Winston Capital Partners (Winston) has joined with boutique investment manager Peters MacGregor Capital Management (Peters MacGregor) to help capture demand for global asset management expertise and aid growth.
“Winston is pleased to have been selected by Peters MacGregor to broaden its reach, with financial advisers and direct clients seeking the diversification and performance benefits of a firm of its calibre,” Winston partner Andrew Fairweather said.
Advisers have begun to look with greater scrutiny for specific asset management characteristics to complement existing portfolio construction, he added.
Peters MacGregor founder Wayne Peters said he is confident the partnership with Winston will help to access the broader market and deliver on the firm’s ambitious growth plans.
“The [Peters MacGregor Global] Fund will have almost automatic appeal for advisers and their clients who seek an alternative, concentrated approach with the attendant diversification benefits of a global equities fund,” Mr Peters said.
“Our job is to preserve investor capital, create wealth and provide a challenging and stable environment for our committed investment team to exercise its passion for value investing,” he said.
Independent financial advisory firms Centric Wealth and Western Pacific have included the fund in their client model portfolios, while direct investors have taken up the discrete individually managed account option, priced with a minimum investment value of $2 million.
In early January, Winston Capital also announced its partnership with Select Asset Management.
Newly-incorporated as Select Investment Partners Limited (Select IP), the company will now offer consulting directly to dealer groups and family offices that do not require a fund structure.
Winston will distribute current Select portfolios and funds, and will work with the company on new third party funds.
“The current dislocation in the financial industry and the rush to vertical integration of dealer groups we have seen has opened up an opportunity for a high-quality distribution business for independent fund managers,” Mr Fairweather said at the time.
