Boutique investment firm Insync Funds Management has been established, launching a long only global dividend growth fund.
The business has been set up by Monik Kotecha and Garry Wyatt.
Kotecha worked as a senior portfolio manager of the Australian Share Fund at Investors Mutual and was with the firm for seven years.
He has also worked at BT Financial Group for five years.
At Insync Funds Management, Kotecha is the chief investment officer of the firm. Garry Wyatt is chief executive and senior investment analyst.
Wyatt has previously worked for Lion Nathan, WMC Resources and United Distillers Group.
The firm has also hired Stephen Banks to spearhead its distribution. Banks previously worked at Investors Mutual in a similar role.
The business has outsourced non-investment activities to third party service providers.
Total Fund Services will act as the responsible entity for the firm, JP Morgan will manage the custody operations and back office administration will be done by FundBPO.
"This enables the Insync team to focus totally on the investments," Wyatt said.
The firm's Global Dividend Growth Fund is a long only fund that invests in large cap global companies.
The fund will target both retail and institutional investors.