TATA Asset Management Ltd
ACCI is fully aware of the ever increasing importance of emerging economies. In order to tackle this opportunity in one of the most important emerging economies, ACCI has a partnership agreement with India’s Tata Asset Management Ltd, a company with over USD 5.5 bn AuM, to distribute TATA India Equity Fund, their first Luxembourg's UCITS Fund, in Spain and Latin America. The Fund seeks to replicate the equity strategy of the domestic Tata Hybrid Equity Fund, which started in 1995.
The investment philosophy is based on the fund managers' ability to identify India's high-growth companies that are operated by capable Management teams to create consistent and superior long-term absolute returns across market cycles, with a focus on bottom-up stocks selection with an optimal portfolio of 30-35 stocks.
TATA Asset Management Ltd is part of TATA Group, India's largest industrial group operating in more than 100 countries across six continents, collectively employing over 720,000 people, with total revenues of USD 110 bn.
ACCI recognizes the importance of adding alternative investments to client portfolios in order to provide greater alpha in the medium term. For this reason, we have a strategic alliance with the Swiss asset manager Crescendo Capital for the commercialization of some of its alternative funds in the areas of venture capital, real estate and private debt.
Crescendo Capital is a firm founded in 2004, operating in Switzerland, UK and the US, with over USD 3 bn of AuM.
BlueBox Asset Management
ACCI is convinced that technology is one of the main catalysts to boost all economic sectors.
After a thorough search for the right partner, ACCI signed an agreement with BlueBox Asset Management to distribute their flagship fund, the Bluebox Global Technology Fund.
The fund is managed by William de Gale, one of the top-performing Technology Portfolio Managers in the world; for more than nine years he was the sole Portfolio Manager of BlackRock’s BGF World Technology Fund, achieving top-decile performance; his fund was the best performing offshore technology fund in the world for his final year in charge. In 2017 William left BlackRock and partnered with BlueBox to create a new fund to continue this successful investment strategy, and he was joined by Rupert de Borchgrave, as co-manager in 2019.
Over the past 15 years, there has been a fundamental shift in the way that computing has interacted with the world. Computers have come out to meet the real world and to change it directly. This is the Direct Connection, and it will provide a secular tailwind for the Technology sector for decades. The fund invests in companies that will contribute and benefit from such connection. The portfolio normally holds between 30 and 40 positions with a maximum weight of 10%, targeting companies between USD 1 bn to USD 100 bn market cap. The fund is not benchmark oriented, keeps a low turnover in its positions and cash at minimum, usually below 10%.