20 Jul New marketing firm gets behind ex-ING Managers
IO&C Investor Strategy News, July 20, 2014
Andreas Faeste, an experienced funds management marketer, has formed his own firm, Breakwater Advisory, and will represent in Australia the diversified former ING subsidiary in the US, the publicly listed Voya Investment Management.
Voya has been doing business, as ING, in Australia for more than 15 years, mainly through private placements of Australian corporate debt issuances. While Voya covers all the major asset classes, its senior loans team is considered one of the best and most established in the market.
Announcing the deal, Faeste said: “Voya IM is distinguished by its stable investment team, competitive investment performance and its partnership approach to business. As a significant co-investor in many of its strategies, Voya is committed to reliability, transparency and performance – values that we at Breakwater Advisory share.