Australian fund manager to sell itself for global expansion

Fixed income manager EquitiLink is within days of closing a deal that could boost its presence in the North American market.

The management of EquitiLink has almost finalised a sale of the company in a bid to increase the Australia-based fixed income manager's global market reach, according to a senior company official.

Ouma Sananikone-Fletcher, chief executive officer of EquitiLink, says the deal could boost the manager's investor base to up to 300,000 in North America, where the company is operating five funds - four in fixed income and one in equities.

Our plan is that the agreement should not affect the company's current structure. Of the various models from potential buyers that we are looking at, there is one that seems to be like that. It would leave the current structure in place...

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