Triple A Partners and Hatfield Advisors have entered into a joint venture agreement to develop their combined fund distributions business on a global basis.
With immediate effect Hatfield Advisors will change its name to Triple A Partners Australia.
The staff of Hatfield Advisors, led by managing director Damien Hatfield (pictured), will all remain with the business.
The new entity, Triple A Partners Australia, will continue to serve its existing client base in exactly the same way as it has done in the past.
Damien Hatfield joins the executive management committee of the Triple A Partners business.
Hans Tiedemann, chairman of Triple A Partners, says: “We are looking forward to joining forces with Hatfield Advisors. Not having representation in Australia and New Zealand has been a significant gap in our global business reach. The Australasian funds market is huge and alongside Japan dominates the Asian marketplace. Hatfield Advisors have an outstanding reputation and skill set and together we feel we can build a market leading business. Triple A Partners now has coverage in the US, UK, Australia, New Zealand, Hong Kong, Japan and Korea. We believe that the scope of our global business is unique.”
“This is a very exciting development for our business” adds Damien Hatfield. “Joining Triple A Partners gives us greater access to the fund management community worldwide and will help us source the very best products for our Australasian client base. Further, we will now be able to better facilitate the access of Australian domiciled managers to global investors through Triple A Partners’ existing client network.”
The new joint venture will target large institutional investors, family offices and high net worth individuals in the Asian region and globally.
