Segal Rogerscasey and Australian consultant Frontier Advisors announced Thursday they have established a global investment research alliance, with the objective of sharing research on investment managers globally.
The alliance will expand to a maximum of six firms, with the additional firms coming from South America, Europe and the U.K., Asia and the Middle East/Africa, said John DeMairo, president and CEO of Segal Rogerscasey. The goal is to allow member firms to provide clients with a broad coverage of money managers and global investment concepts, he said.
All members will be independent firms operating in specific geographic areas. For instance, Segal Rogerscasey, as well as Segal Rogerscasey Canada, will be the only member from North America. Mr. DeMairo said the alliance was the best way for his firm to expand its global reach, as opposed to hiring more people and setting up new offices.
“As we plotted our investment objectives for research in general last year, we talked about how to continue to push the envelope and expand our expertise,” Mr. DeMairo said in a telephone interview. A U.S. client last year asked the consultant to perform research work on Australian managers, he added. “That really gave us a greater appreciation of the players there and was a door opener for this” alliance.
Mr. DeMairo gave credit to Segal Rogerscasey Chief Investment Officer Tim Barron for developing the idea.
