Tailored mandates win for TGM

The Brisbane-based Tactical Global Management (TGM) won more than $4.2 billion of new mandates in the last quarter of 2012 and has picked up a global “excellence in investment management” award in recognition of its services.

The mandates included a $4-billion rebalancing overlay, a $200-million currency overlay and a smaller beta-transfer mandate, each tailored to the specific requirements of three unnamed institutions.

TGM’s prowess at developing tailored mandates for institutional investors was recognised in the 2013 International Alternative Investment Review (IAIR)  Global Awards, announced in Hong Kong on February 22. The firm beat off global competition to win the excellence in investment management award for independent boutiques in Southeast Asia.

Chief executive of TGM, Peter Higgs, says the award was unexpected. The company was nominated without its knowledge and the awards were based on a survey of about 15,000 investors worldwide.

IAIR said the award was for “the tailored investment management offered to clients in global equity, bond and currency markets and for aiming for excellence in each aspect of the business with an ethical behaviour”.

Higgs says the mandates won by TGM in Q4 were “all different, and were all tailored” and take the group’s total assets under management to $18 billion.

He said the award reflected “16 years of building long-term relationships with institutional clients and developing products and services that are tailored to their funds”.

, , , , , , , , , , , , , , , , , , , ,

Leave a Comment

Robeco CIO says AI winners and losers will be decided within a year

Asset managers that underestimate the importance of artificial intelligence to their businesses do so at their own peril, according to Anton Eser, global chief investment officer of Robeco, who thinks that many have less than a year to get across the “most important transformation” the industry has seen since the beginning of the index business more than 25 years ago.

Sort content by