BT Investment Management (BTIM) may not add all of boutique investment firm JO Hambro’s funds to retail platforms, Investor Daily reports, citing Investor Weekly. BTIM intends to keep the funds for institutional investors and the private clients business of its majority holder Westpac.
BTIM recently acquired JO Hambro, which will market the funds to the Australian marketplace. JO Hambro, which has rigid capacity limits, has one Australian institutional client Colonial First State at present with an allocation to the manager in its multi-manager fund range.
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