The Alliance is expected to expand to a maximum of six members with additional firms in South America, Europe, Asia, Middle East and Africa joining.
Alliance members will all be independent firms operating in defined geographic areas, with their own customised solutions for asset owners.
“The establishment of the Alliance enables members to provide clients with broad coverage of asset managers and global investment concepts by working closely with other independent, research driven firms in select regions around the world,” John DeMairo, chief executive of Segal Rogerscasey said.
Alliance will hold periodic forums to discuss global investment trends, client issues, and capital market directions.
“GIRA is an innovative and powerful way for members to share research, ideas and local market developments across the increasingly integrated investment globe,” Damian Moloney, chief executive of Frontier Advisors said.
“The Alliance significantly enhances the advice and research,” he added.
