Monday, 24 October 2016
Last updated 2 days ago
Dec 23 2009 | 12:05pm ET
Triple A Partners and Hatfield Advisors have entered into an agreement to develop their combined fund distributions business.
With immediate effect, Australian-based Hatfield Advisors will change its name to Triple A Partners Australia. The staff of Hatfield Advisors, led by Damien Hatfield, 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. Hatfield, a managing director, also joins the executive management committee of the Triple A Partners business.
“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,” said Hans Tiedemann, chairman of Triple A Partners, which specializes in investing in Asian-focused asset managers. “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.”
Tiedemann added that with the new venture, Triple A Partners now has coverage in the U.S., UK, Australia, New Zealand, Hong Kong, Japan and Korea.
The new joint venture will target large institutional investors, family offices and high-net-worth individuals in the Asian region and globally.