Staples Rodway Asset Management and Gottex Fund Management Sarl, the investment subsidiary of alternative asset management group Gottex Fund Management Holdings, have formed a joint venture in New Zealand called Gottex SR Funds (GSRF).
Gottex SR Funds will offer multi-asset investment products to New Zealand investors seeking diversified international investment exposure, combining Gottex’s well-established research, global reach and expertise in multi-asset portfolio construction and management with Staples Rodway’s reputation for providing clients in New Zealand with sound financial advisory services.
Guy Holroyd is the managing director of GSRF, and the existing SRF International Capital Growth Fund, established in 2011, is being folded into the joint venture and rebranded as the Gottex SR Multi-Asset Global Fund. Bill Landes, senior managing director and CIO of Gottex Multi Asset business, will be closely involved in the management of the fund.
Max Gottschalk (pictured), chief executive of Gottex Asia, says: “This is a further step in delivering our strategy for growth and follows the announcement earlier in May of our new partnership with Astmax in Japan. We have been expanding in the Asia Pacific region for some time and were looking for a partner in New Zealand, where we see significant opportunities for growth. We were attracted by the reputation and governance structure of Staples Rodway and its excellent asset management team. We believe we have found a very solid and talented partner. Together we combine the benefits of a strong New Zealand presence with access to a truly international fund management group.”
Holroyd says: “We are seeing increased interest in our multi-asset fund, particularly from financial advisor groups and institutions who are looking to access reputable international portfolios, backed by the knowledge, expertise and credibility of a fund manager such as Gottex. We consider the products we can now offer through Gottex as being almost unique to New Zealand investors.
“The key differentiator Gottex SR Funds provide is the combination of an international partner and the security of an existing and proven New Zealand operational base that falls under the governance and infrastructure of Staples Rodway - New Zealand’s leading independent accounting practice that has been a trusted adviser to New Zealanders for close to 70 years.”