The Geneva-based private bank and Australian asset manager have entered a two-way distribution partnership to tap into each other's markets.
Union Bancaire Privee (UBP) has inked a deal with Australia-based global all-cap and small and mid-cap equity manager Bell Asset Management that will see its funds offered to Bell clients, and vice-versa, it announced in a press release on Wednesday.
Under the partnership, Bell will market some of UBP's credit, fixed income and alternatives strategies to its network of institutional clients, while Bell's global small and mid-cap fund will be offered to UBP's network in Europe, the Middle East and Asia, the announcement said.
New Office
UBP's new office in Australia, which is headed by Olivier Marion, who was been appointed Head of Business Development for Australia, will support the partnership.
«This is an opportune moment to enter such a prestigious pension market and to offer a wide range of solid solutions to institutional investors in Australia,» Nicolas Faller, UBP co-CEO asset management and head of institutional clients, said in the announcement.
