Multi-boutique investment manager North Square Investments has completed the acquisition of Advisory Research’s All Cap Value Fund. The fund has been renamed the North Square Advisory Research All Cap Value Fund (ADVGX) with Advisory Research retained as the sub-adviser.
This acquisition is the second by North Square this year, reflecting their ongoing commitment to offer an expanded suite of actively managed investment strategies.
This transaction is also part of a broader relationship between North Square and Advisory Research whereby North Square will market the Advisory Research All Cap Value strategy into retail distribution channels, including broker-dealers and RIAs, focused on the separately managed account format as well as model delivery. The partnership will allow North Square to deliver this all cap value strategy as a complement to its already successful all cap growth strategy managed by North Square’s affiliate, Oak Ridge Investments.
“We are excited to be partnering with Advisory Research and their experienced team of portfolio managers and analysts. We were impressed by their investment process and track record in managing All Cap Value equities,” says Mark Goodwin, CEO of North Square.
Phil Callahan, head of Distribution for North Square, adds: “As we already have a strong track record of successfully representing over USD600 million of All Cap Growth assets through our partnership with Oak Ridge Investments, this transaction rounds out our All Cap offering with value equities allowing us to more efficiently deliver a complete All Cap investment solution to our financial advisors and their clients.”
“This mutual fund transaction and SMA/UMA marketing arrangement with North Square allows us to reach more financial intermediaries and effectively grow our assets under management,” says Matthew Swaim, executive chairman and managing director of Advisory Research. “We look forward to partnering with North Square.”
North Square is committed to the sourcing, vetting and delivery of institutional quality, active investment managers to their financial intermediary partners which include broker dealers, wealth management advisors, RIAs, family offices, retirement plans and private banks. The firm delivers value to its investment partners by providing support services and access to distribution while assisting distribution partners as they search for high quality, alpha generating active investment strategies to build better risk-adjusted portfolios for their clients. At this time, North Square’s multi-boutique platform includes a mutual fund family and ownership interests in the distinctly branded firms of CS McKee and Oak Ridge Investments with collective assets under management and advisement of over USD8 billion on a proforma basis.
