New Zealand Herald- A Christchurch investment bank has signed a deal with a London-based wealth management business to offer New Zealanders more opportunities to access investment products in Europe and the US – including hedge funds.
Ocean Partners, set up last October by two former Ernst & Young partners, and has the backing of former reserve bank Governor Don Brash, has set up the joint venture with Credo Capital – a small private client business which manages about £850 million.
Ocean Partners founder and senior partner Paul Park said the relationship would provide access to a suite of products and services in Europe and the US that were normally only available to wealthy international investors.
