Eastspring Investments has entered into a strategic partnership with Sustainable Growth Advisers to offer the Stamford, Conn.-based growth equity boutique's global growth and U.S. growth strategies to institutional and retail investors in Asia.
In an Eastspring news release Wednesday, Xavier Meyer, head of product and partnerships with the Singapore-based money management arm of Prudential Corporation Asia, said the tie-up complements Eastspring's “strong suite of Asian strategies” by expanding and strengthening “our offering through strategic partnerships.
Michele Bang, Eastspring's deputy CEO, said in the release that the partnership demonstrates “our continued focus on providing a broad range of attractive investment solutions to meet our clients' needs.”
An Eastspring spokeswoman couldn't immediately provide further details about the partnership.
The news release said Eastspring had $170 billion in assets under management as of June 30. Sustainable Growth Advisers has $11.5 billion in AUM.