Ironbark Asset Management is partnering with an Australian boutique investment manager to launch two retail income products over the course of 2017.
The partnership with Denning Pryce, a privately-owned Sydney-based investment manager, will mark Ironbark's first suite of income solutions. The two retail products will include an Australian equity and global equity solution.
Ironbark said the two retail products will run alongside other institutional and wholesale solutions. The firm's head of distribution Alex Donald said the partnership is a strong endorsement of its business model.
"We're seeing a strong demand for more outcomes-based portfolio solutions that can deliver regular income, lower volatility and a focus on total returns, particularly in the pre- and post-retiree space. Over the course of 2017 and in response to investors' needs, we will launch an Australian equity and a global equity product for Australian retail clients," Donald said.
"Denning Pryce [has] an established track record in portfolio hedging and volatility management for institutional clients. Aside from the retail market, we're also working with institutional and wealth management clients to create bespoke solutions for their unique market segments."
Denning Pryce specialises in the use of listed options and active risk management to deliver targeted return and risk strategies with regular distributions. The firm's managing director and chief investment officer Michael Pryce said: "We aim to deliver lower risk for investors by having targeted participation in the upside with controlled exposure to market falls. A highly flexible and active approach is particularly important during times of market uncertainty."
As at 31 December 2016, Ironbark manages more than $4.5 billion.