BBY and Jaguar Funds forge alliance
(17 September 2004 – Australia) Australian stockbroking firm Burdett Buckeridge Young Ltd and funds management specialists Jaguar Funds have struck a strategic alliance.
The deal will see Jaguar operating under the BBY brand as part of its Corporate Finance Group.
Jaguar’s managing director Glenn Rosewall has been appointed chief executive of BBY with the sales, research and corporate advisory teams all reporting to him.
Rosewall was formerly head of equities at Ord Minnett and presided over the listing of BHP and Westpac on the New York Stock Exchange as well as the Telstra 2 float in 1999. Jaguar Funds was established last year.
BBY chairman Bruce McComish said the alliance enabled the company to make a quick entry into the asset management market and increase distribution capabilities for Jaguar Funds. The agreement will also boost BBY’s corporate advisory offering.
McComish said Jaguar had helped public and private companies raise more than $20 million in equity capital over the past 12 months.
Jaguar’s managing director Glenn Rosewall has been appointed chief executive of BBY with the sales, research and corporate advisory teams all reporting to him.
Rosewall was formerly head of equities at Ord Minnett and presided over the listing of BHP and Westpac on the New York Stock Exchange as well as the Telstra 2 float in 1999. Jaguar Funds was established last year.
BBY chairman Bruce McComish said the alliance enabled the company to make a quick entry into the asset management market and increase distribution capabilities for Jaguar Funds. The agreement will also boost BBY’s corporate advisory offering.
McComish said Jaguar had helped public and private companies raise more than $20 million in equity capital over the past 12 months.
Subscribe