Jupiter Asset Management has taken a minority stake in investment firm NZS Capital and entered into a strategic partnership.
As part of the partnership, Jupiter will be the exclusive distributor of NZS’ global growth unconstrained-styled investment portfolios. Furthermore, this includes launching Jupiter-branded mutual funds in the future.
Jupiter also gains a dedicated sales resource in the US for the first time as both firms target institutional investors.
NZS Capital is a new firm co-founded by fund managers Brad Slingerland and Brinton Johns. The two previously worked together for 14 years at Janus Capital.
They have a distinct investment style based on “Complexity Investing”. This strategy hones in on business models that will be able to navigate and withstand long-term disruptive forces to the global economy. The goal is to capture innovative growth while avoiding disruption.
Andrew Formica, CEO at Jupiter, said: “This is a really exciting opportunity for us to partner with a promising business from the very outset.
“Brad and Brinton are talented fund managers with a carefully-constructed process that has the potential to deliver long-term returns. They redefine the conventional approach to evaluating companies and instead focus on their ability to innovate and adapt in the digital age.
“Our early conversations with clients suggest that this approach to investing in global growth companies will be of great interest. It also marks our first step into the US, a large and sophisticated market which presents an attractive growth option not just for NZS strategies but equally for Jupiter’s existing capabilities.”
Slingerlend added: “Technology is increasingly impacting every sector around the world. It’s more important than ever to invest with an eye to the future and an active view of the evolving global economy. Jupiter stands out for its dedication to active management to meet the needs of their clients making it a perfect partner for NZS Capital.”