Company News Summary
HFA Holdings Announces Sale of Certitude Global Investments
Original announcement: Sale of Certitude Global Investments
HFA Holdings announced that it has agreed to sell its Australian subsidiary, Certitude Global Investments (Certitude) to Ironbark Asset Management (Ironbark). Ironbark will acquire 100% of the issued capital of Certitude from the Company. Certitude is the responsible entity of a number of registered managed investment schemes. The management and operation of the Certitude funds will transition to the Ironbark Group on Completion of the sale. The existing relationships with the investment managers of the Certitude funds will be maintained, which includes the Company's subsidiary Lighthouse Partners,, Asian specialist manager GaveKal Capital and global investment house Columbia Threadneedle Investments.
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