Breakwater Advisory forms US partnership

Advisory and local marketing firm Breakwater Advisory has announced a partnership with US-based investment firm Voya Investment Management (IM) to open doors for asset management services for Australian institutional investors. 

Voya IM will offer services across many asset classes through the partnership including multiple fixed income segments of the market, and equity and multi-asset strategies and solutions. 

“Voya IM long ago identified Australia as an attractive and fast-growing market and we are excited to be able to offer our services to Australian institutional investors,” Voya IM’s managing director, head of institutional distribution Bas NieuweWeme said. 

“We believe that our unique expertise in several asset classes, including senior loans, mortgage derivatives, commercial real estate and private and public debt investments can help Australian investors meet their goals.” 

Breakwater Advisory, which is headed by Andreas Faeste, was formed this year and is the formalisation of distribution-based consulting practice Faeste Consulting.  

It offers advisory and fund placement services to asset management firms looking for representation in the Australian and New Zealand capital market. 

Voya IM manages around $207 billion for institutions and individual investors.