Despite being a growing reservoir of funds under management, this critically important pool of capital is confronting mounting problems collating and disseminating key data in a timely manner.
The ratings house is pinning its growth strategy on a revamped methodology that increases the emphasis on governance to 25 per cent – a timely move considering APRA’s proposed reforms.
Tribeca renews sales effort
Alexandra McGuigan
Tribeca Investment Partners, an affiliated manager of Grant Samuel Funds Management, has appointed a new head of business development, after splitting the role for the past two years between the portfolio managers and the Grant Samuel marketers.
Alexandra McGuigan has left third-party marketer Shed Enterprises to take up the role, which was last filled by James Savage, who is now at Franklin Templeton.
McGuigan was at Shed for a little over three years and prior to that at Investec Bank and BNY Mellon Asset Management in marketing roles.
Tribeca, formed in 1998 by Paul Jenkins, who sold his interest in 2007, and the current chief executive, David Aylward, offers three main strategies: a 130:30 fund, which it calls ‘Alpha Plus, run by Sean Fenton; a small-cap fund run by Aylward; and a global total return fund run by Chris Daily. It has about $1.8 billion under management.
