London-headquartered investment firm Jupiter Asset Management has reached an agreement with Unicorn Strategic Partners to enter Latin America and US offshore markets.
Unicorn is a global third-party distribution platform, which represents international managers in Iberia, Latin America -both in retail and institutional business- and US offshore regions. The firm, led by David Ayastuy, has offices in Santiago, Montevideo, Buenos Aires, Miami and New York.
This agreement enables Jupiter AM to pursue its business expansion across markets in which the firm has identified a growing demand from potential investors such as LatAm and US offshore markets.
Matteo Dante, strategic partner of Jupiter AM, said: “Our strategic agreement with Unicorn SP gives us the opportunity to enter the region with a team of professionals of exceptional talent and solid experience in the field of the distribution of investment products, with a deep knowledge of the characteristics and unique needs of the Latin American market.”
Jupiter AM had €53.4bn in assets under management as of 30 June 2017.