Pacific Asset and Tourbillon Forge Strategic Alliance to Enhance Equity Power
Pacific Asset Management joins forces with Tourbillon Global Equity to expand global equity capabilities, signaling a new era in asset management.
In a transformative move that reshapes the landscape of asset management, London-based Pacific Asset Management has joined hands with global equity specialist Tourbillon Partners, a venture that promises to leverage their combined expertise to unlock new growth avenues in global equities.
A Partnership of Strategic Significance
Pacific Asset Management expands its global footprint by partnering with the adept team behind Tourbillon Global Equity. Co-founded by Ben Beneche and Ramesh Narayanaswamy, Tourbillon is renowned for its value-driven investment philosophy that focuses on resilient businesses and untapped opportunities across the globe.
According to Beneche and Narayanaswamy, “This collaboration with Pacific Asset Management marks not just a growth in resources but in alignment of shared objectives towards crafting singular global equity strategies.” As stated in WealthBriefing, the addition of Tourbillon’s expertise brings under Pacific’s umbrella a defense against volatility through value-based, long-term thinking.
Strength in Experience
Ben Beneche, who once spearheaded international equities at Pictet Asset Management, brings his profound insight of the Japanese and Asia-Pacific markets to the forefront. His counterpart, Narayanaswamy, adds depth with his experience at Veritas Asset and Fidelity Investments, emphasizing a robust, research-led investment mechanism.
The Drive for Craft-Based Strategies
Matthew Lamb, CEO of Pacific Asset Management, shared his enthusiasm about the partnership, “Our philosophy of crafting high-conviction investments finds perfect synergy with Tourbillon’s approach. We see this as an opportunity to amplify our innovative strategies backed by our institutional support and advanced technology.”
The Road Ahead: Unified Operations
This collaboration sets the stage for a more cohesive management of their combined $230 million assets under management, utilizing a consistent, proprietary process. The ambition is clear: to refine a single strategy fund that mirrors both firms’ commitment to excellence in equity investment.
Narayanaswamy remarked, “The caliber of people involved and the ethos of supported independence reinforce our belief in a range of tailor-made, hard-to-industrialize initiatives.”
Conclusion
This alliance between Pacific Asset and Tourbillon not only enhances their operational capabilities but also signifies a pivotal moment in expanding strategic horizons within the asset management domain.
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