BlackRock and Quintet Forge Partnership with Multi-Manager Fund Launch

The launch of a multi-manager US equity fund signals the public debut of a strategic partnership between BlackRock and Quintet, poised to redefine how the Luxembourg private bank's client funds are managed. This collaboration marks a significant step in Quintet's efforts to enhance its investment offering and underscores BlackRock's commitment to delivering innovative solutions to the wealth management industry.

A Transformative Partnership

BlackRock and Quintet are set to launch the first in a series of multi-manager funds, representing the tangible outcome of a partnership agreement inked last July. This collaboration aims to revolutionize Quintet's investment strategies and provide enhanced opportunities for its clients across Europe.

The initial launch will focus on a US equity fund, with plans for three additional actively managed strategies in the 'QMM' range targeting global high yield bonds, global investment grade corporates, and continental European equities by the end of May. This signals a broader expansion into major asset classes, catering to diverse investor preferences and risk appetites.

Client-Centric Approach

Bryan Crawford, Quintet's group head of investment and client solutions, highlights the significance of the partnership in offering tangible benefits to clients. The 'QMM' funds will serve as core holdings in Quintet's flagship portfolios, providing clients with access to globally diversified investment opportunities blended with passive products.

Collaborative Decision-Making

Both BlackRock and Quintet emphasize a collaborative approach to portfolio construction, with Quintet retaining final decision-making authority. This open architecture framework ensures that Quintet remains fully accountable for the investment outcomes, with regular joint sessions facilitating ongoing performance review and strategy refinement.

Manager Selection and Investment Strategy

The US equity fund will feature mandates from renowned managers such as Jennison Associates, Vontobel, Los Angeles Capital Management, and Harris Associates, offering a balanced mix of growth and value-oriented strategies. Emphasis is placed on delivering competitive fees while maintaining a focus on sustainability criteria across the entire range.

The partnership between BlackRock and Quintet represents a paradigm shift in the wealth management industry, combining BlackRock's expertise in investment solutions with Quintet's client-centric approach. As the 'QMM' fund range unfolds, clients can expect innovative strategies tailored to meet their evolving investment needs, underpinned by a commitment to performance excellence and sustainable outcomes.