US-based Oaktree Capital Management has appointed UK’s fund distribution company Harrington Cooper to promote its UCITS SICAV range to UK fund buyers.

The deal will focus on the group’s open-ended UCITS range emphasizing on global high yield bond, global convertible bond, European high yield bond and emerging markets equity funds.

The initiative will capitalize on the dearth of vehicles faced by institutional investors in European fixed income and emerging market equities.

Oaktree will leverage Harrington Cooper’s UK wealth management base to broaden the distribution reach in Europe, and in the UK.

Harry Dickinson, managing partner at Harrington Cooper, said: "The group’s focus on developing strategies which generate alpha while maintaining low levels of risk complements Harrington Cooper’s ethos, which identifies differentiated managers with a consistent and credible investment philosophy and process.

We expect these funds will be very well received by UK professional investors who are seeking out specific investment strategies which add genuine value."

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