and Christine Blaurock
Date opened: 2004
Assets under management: £700 m
Number in team: 8
Top three fund picks:
BB Biotech AG
Kotak India Midcap fund
Tamac Global Managers fund
Q&A with Matthew Hull, portfolio manager, TAMAC, Salisbury (pictured below):
What is your typical client demographic?
Tamac is a family office for a collection of ultra-high net worth individuals and institutional investors and we also have an asset management arm. Here we manage Ucits investment funds for select growth themes. Investors in these funds range from retail to professional investors.
What differentiates your region?
History is everywhere in the city, with Salisbury Cathedral, where there is the best preserved original manuscript of the Magna Carta on view and the world’s oldest working clock, and of course Stonehenge within 10 miles of the city.
What challenges are facing your area?
Given the recent weather (and poor state of public services/trains) I would say the logistics of travel in the winter. Although based in Salisbury, we consider ourselves a global firm. We have clients based in Germany and Switzerland and members of the team regularly travel to our Shanghai office where we have a research department, this can be problematic when public transport lets us down.
What’s the best thing about living in your area?
Salisbury is a fantastic place to run an asset management firm. An hour from London means that you can easily get the chatter when you need it, but return to the office to give proper due diligence to investment decisions away from the crowd.
What is your office motto?
To ensure that we consistently provide the highest level of objective, tailored and comprehensive investment management services for institutional investors and families.
Are you bullish or bearish?
We are generally comfortable with market risk, although valuations in some areas certainly look stretched at the moment. We continue to actively monitor strategic and tactical allocation across mandates to ensure that the appropriate return/risk decisions are being made.