POWERED BY MOMENTUM MEDIA
Treasury Asia adds Investment Advisory Board
Boutique Asian equity funds management firm Treasury Asia Asset Management (TAAM) has recruited investment professionals Teng Ngiek-Lian, Marc Faber and Robert Mann for the launch of its new investment advisory board.
Ngiek-Lian is the founder of Singaporean funds manager Target Asset Management. He has worked as managing director of Morgan Grenfell Investment Management Asia and managing director of UBS Asset Management, Singapore. Teng has more than 30 years of Asian investment experience and recently announced his retirement and intention to wind down Target Asset Management.
Faber is currently an adviser to the TAAM New Asia Fund. He publishes a monthly investment newsletter, The Gloom Boom & Doom Report, and has written several books, including “Tomorrow’s Gold — Asia’s Age of Discovery”.
Mann has worked at Credit Suisse Asset Management (CSAM) for about 25 years and has held roles including chief investment officer in both Australia and the Asia Pacific.
The Investment Advisory Board will also include TAAM founder and chief executive Peter Sartori and TAAM investment manager Eng-Teck Tan.
The board will meet regularly to examine current opportunities and trends in Asian markets, which will aid the investment process for the TAAM New Asia Fund and other TAAM clients. The TAAM New Asia Fund is open to retail and institutional investors and recently received a 'highly recommended' rating from Lonsec, the manager stated.
TAAM specialises in active investment management in the Asia Pacific Region, managing portfolios for both institutional and retail investors. TAAM is 60 per cent owned by management and 40 per cent owned by Treasury Group.
AUTHOR
Mike Taylor
Recommended for you
First Nations Australians have faced systemic barriers accessing super, with rigid ID checks, poor service, and delays compounding inequality.
“Slow and steady” appears to be the Reserve Bank’s approach to monetary policy as the board continues to hold on to its wait-and-see method.
AFCA’s latest data has shown a decline in complaints relating to superannuation, but there is further work to be done, it has warned super funds.
Limited exposure to fossil fuel companies has positively impacted the performance of Australian Ethical’s balanced and growth funds, the super fund says.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom 465 Calder Road Calder
96.54 3 y p.a(%)
2
DomaCom DFS Mortgage
85.26 3 y p.a(%)
3
Global X 21Shares Bitcoin ETF
78.55 3 y p.a(%)
4
BetaShares Crypto Innovators ETF
50.39 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
47.50 3 y p.a(%)
