Conduit Asset Management and Vantage Point Asset Management Singapore will tap on each other'sindustry knowledge and expertise to grow their businesses.
The two sides will leverage their common strengths and values with a specific focus on enhancing investment excellence and client servicing, according to a statement shared with finews.asia on Thursday.
As part of the agreement, Nick Ferres, VPAM CIO, will join Conduit's advisory board with a broad mandate to strengthen portfolio optimization, asset allocation processes, plus risk management and investment committee governance, while Jesse Aarnio, CAM CIO, will join Vantage Point's advisory board.
Global Footprint
CAM, part of the Conduit Group based in Singapore since 2015, is a hybrid asset management company with proprietary products and a growing PWM business offering an open architecture wealth management platform. The group also operates Conduit Securities Suisse in Geneva.
Established in 2017, VPAM is an Asia Pacific-focused alternative asset management firm offering a range of solutions to institutional and accredited investors, with a footprint that covers Australia.
