Asset management company Havenport Investments has partnered mutual fund and ETF distribution network Allfunds.
The partnership will give financial advisers and clients access to the widest range of Singapore-registered funds, including Allfunds’ global mutual fund offering.
Patrick Tan, Havenport co-founder and managing partner, said: “By plugging into Allfunds´ network, our investment team will have a wider selection of best of breed funds to construct Havenport managed account portfolios for our investors.
“Financial advisers who assemble portfolio for clients using wrap account will also benefit by the expansion of funds. All these solutions can be delivered faster and more efficiently without the long lead time required to set-up every time we partner a new fund house, or a new fund is launched.”
David Perez de Albeniz, regional manager of Asia at Allfunds, said: “At Allfunds, we are committed to greater transparency and efficiency in fund distribution and by working together with Havenport we are able to keep achieving this goal by delivering solutions for a wider range for clients.”
