Aiming to strengthen its investment offering in emerging markets, LV Distribution — the subsidiary LarrainVial founded in 2023 to focus on third-party distribution and asset management in the United States — has announced a strategic alliance with global investment manager Ashmore Group.
According to a press release from the Chilean financial group, the collaboration seeks to broaden access for LV Distribution’s clients — including RIAs, family offices, and institutional investors — to emerging market investments through Ashmore’s wide range of European investment products.
Founded in 1992 and headquartered in London, the European-origin asset manager closed March of this year with $46.2 billion in AUM, distributed among mutual funds, segregated accounts, and structured products. At the time, Ashmore was a pioneer in offering direct access to emerging market assets. Since then, it has expanded into a broad spectrum of strategies, including external debt, local currency, corporate debt, blended debt, equities, and alternatives.
LarrainVial highlights that this move reinforces the range of international asset managers available through its offshore distribution platform, which has raised more than $28 billion in third-party assets over the past two decades.
In addition, LV Distribution already has a robust network of strategic partners to enhance its investment offering, including managers such as Advisory Research, Crossmark Global Investments, Poplar Forest Capital, Pacific Income Advisers, CFM, and NewVest.
“We are very pleased to partner with Ashmore, a globally recognized leader in emerging market investing. Their vast experience, strong research capabilities, and innovative approach align perfectly with our mission to offer differentiated and high-quality investment solutions to our clients,” said Edward Soltys, Director of LV Distribution, in the press release.
George Grunebaum, Global Head of Distribution at Ashmore Group, added: “We are excited to collaborate with LV Distribution as we expand our reach in the U.S. market. This partnership will allow us to bring our deep expertise in emerging markets to a broader audience, providing investors access to some of the most compelling growth opportunities globally.”
