TGM has agreed to a Joint Venture with fixed income manager, Fortlake

TGM has agreed to a Joint Venture with Fortlake, the new specialist fixed income manager launched by Christian Bayliss.  Dr Peter Higgs, TGM’s Executive Chairman said, “We are excited to be working with Christian and very pleased to be a foundational Partner with Fortlake.  TGM and Fortlake share many complimentary skill sets and share a kindred philosophical approach to clients in the way we approach their objectives and aspirations.  We believe the combination of these capabilities particularly in the institutional asset management arena and beyond will provide clients with unique fixed income solutions and capabilities which would otherwise be difficult to replicate.”  Peter has also agreed  to be the Chairman of Fortlake.  The launch was reported in the financial press, see for example https://www.afr.com/street-talk/waislitz-bonds-with-ubs-fundie-to-create-fortlake-20201108-p56cio and https://www.financialstandard.com.au/news/new-fixed-income-boutique-launches-176451311.