Wellington fund hosting business, Implemented Investment Solutions (IIS) is importing a line-up of four offshore client managers for a tri-city NZ tour.
In its first multi-manager roadshow, the IIS event – slated for later this month – offers NZ advisers and investors direct access to a cross asset class selection of global investment specialists.
All four speakers will provide insight on the challenges and opportunities facing their respective asset classes in the current unchartered investment landscape.
As well as US-based Anthony Kaleta, from the international fixed income manager Brandywine Global (part of the Legg Mason group), the IIS roadshow will feature three Australian presenters: Jacob Mitchell, managing director and chief investment officer of Antipodes Partners (global shares); Peter Mill, APN Property head of global distribution (Australian commercial real estate); and, Russell Investments Australasia portfolio manager, James Harwood, who will address the low-carbon trend in global equities investing.
Anthony Edmonds, IIS founder, said offshore funds managers were growing the assets they are managing for Kiwi investors despite most lacking an on-the-ground presence here.
“It’s not easy for global fund managers to keep in touch with NZ investors but we’re seeing more of them willing to commit resources to this market – as our growing suite of fund-hosting clients shows,” Edmonds said. “But we also appreciate that NZ investors like to have some personal contact with the managers they entrust their savings to, which is why we’ve teamed up with them for this tour.”
Under fund-hosting arrangements, IIS acts as the NZ issuer of products for other managers (including both offshore and domestic firms), taking on the local legal responsibilities. The IIS model is similar to the ‘responsible entity’ approach used in the Australian market where operators such as Equity Trustees provide the legal wrapper for many external fund managers.
The IIS roadshow takes in Wellington on October 23 followed by Christchurch the next day before winding up in Auckland on October 25. Anyone interested in attending the two-hour events (from 12:30pm to 2:30pm in all cities) can click here.
Meanwhile, NZ’s premiere fintech conference, Finnotec, is gearing up for the 2019 edition due on November 28 in Auckland.
Binu Paul, Finnotec founder, said the conference will include thought-provoking input from a range of keynote speakers including: Harmoney co-chief, Neil Roberts; Karen Silk, from the Westpac ‘Experience Hub’; and, Paymark’s Ella Obreja.
The event will also showcase up to 10 fintech start-ups.
“Fintech is one of the fastest growing sectors in New Zealand. The opportunities arising from advances in areas such as artificial intelligence, digital identity and open banking are unprecedented. But they also bring new challenges for financial services businesses,” Paul said in a release.
“The traditional view of how financial services operate, the nature of jobs in the sector, and how those businesses interact with customers are all about to be tested by advancing technology. Success in the future will come to those businesses that are able to make the most sense of these emerging trends.”
This year Finnotec is a stand-alone event, ending last year’s one-off collaboration with FinTech NZ.
Finnotec will be held at the Pullman Hotel in Auckland on November 28 with further information available here.