The two new retail products will be launched in 2017, and Ironbark head of distribution Alex Donald said the businesses were looking to create similar products for other market segments as well.
“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,” he said.
“Aside from the retail market, we’re also working with institutional and wealth management clients to create bespoke solutions for their unique market segments. Our strategic partnership has been received well by the market and we’ve had lots of interest already.”
The partnership comes in response to increasing demand for more outcome-based solutions that can deliver regular income, lower volatility and total returns, the two businesses said in a statement.
Denning Pryce managing director and CIO 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.”
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