Fundsgate Signs Distribution Agreement with Thornburg Investment Management
Lugano, Switzerland, 16 June 2022 - Fundsgate SA, an independent fund selector and distributor based in Switzerland, and Thornburg Investment Management (“Thornburg”), a U.S.-based global investment firm that oversees CHF 42,8 billion in assets as of 30 April 2022, today announced an agreement in which Fundsgate will focus on the distribution of existing and new Thornburg UCITS investment funds to professional investors in Southern Switzerland.
With Fundsgate’s distribution experience in Southern Switzerland, this agreement will complement and expand Thornburg’s current distribution capabilities in Europe and aim to increase the managed assets in Thornburg’s UCITS funds.
Under the agreement, Fundsgate will market and distribute the following strategies: Thornburg Strategic Income Fund (global, flexible fixed income fund); Thornburg Limited Term Income Fund (U.S. investment-grade bond fund); Thornburg Investment Income Builder Fund (income-oriented multi-asset fund); Thornburg Global Opportunities Fund (quality valuation-oriented equity fund); Thornburg International Equity Fund (global ex-U.S. equity fund); and Thornburg Developing World Fund (global emerging markets equity fund).
“The distribution agreement with Fundsgate furthers Thornburg’s growing global presence,” said Chris Elsmark, head of Europe & Middle East distribution. “We are pleased that Fundsgate has selected the high added value and distinctively unconstrained Thornburg UCITS investment strategies for their Swiss clients.”
Andrej Carpani, CIO & Co-founder of Fundsgate, said, “This agreement represents a new strategic partnership between Fundsgate and Thornburg, a prestigious name in global investment management. With a diverse range of investment solutions, we believe Thornburg’s approach, particularly focused on income generation, is highly differentiated.”
“As the first non-European (US-based) asset manager to be represented in the Fundsgate portfolio, Thornburg represents a significant step in our growth. We believe the consistency of the firm’s investment style, its integration of ESG considerations in its investment process, and its track record and 40-year history will appeal to family offices and fund selectors in Switzerland,” said Christian Barozzi, CEO & Co-founder of Fundsgate.
Thornburg is a global investment firm delivering on strategy for institutions, financial professionals and investors worldwide. The privately held firm, founded in 1982, is an active, high-conviction manager of fixed income, equities, multi-asset solutions and sustainable investments. With CHF 42,8 billion1 in client assets as of 30 April 2022, the firm offers mutual funds, closed-end funds, institutional accounts, separate accounts for high-net-worth investors and UCITS funds for non-U.S. investors.
As an independent firm, Thornburg can take on a wide range of opportunities, explore ideas thoroughly and work across strategies to strive for consistent risk-adjusted outperformance over the long term. The firm attracts free-thinking professionals who are eager to pursue investment outcomes beyond the confines of popular wisdom. From nimble operational capabilities to principles and actions fitting of a global citizen, Thornburg’s investment platform and team are aligned on strategy to serve investors.
Fundsgate SA is an independent fund selector and distributor based in Switzerland. It has a team with over 15 years of experience and expertise in the field of fund distribution. Fundsgate acts as a third-party marketer specializing in selecting investment ideas and providing innovative solutions to its clients. It offers products from a select base of asset managers across a broad spectrum of asset classes and provides direct access to funds managed by some of the world's best asset managers.
With Fundsgate’s distribution experience in Southern Switzerland, this agreement will complement and expand Thornburg’s current distribution capabilities in Europe and aim to increase the managed assets in Thornburg’s UCITS funds.
Under the agreement, Fundsgate will market and distribute the following strategies: Thornburg Strategic Income Fund (global, flexible fixed income fund); Thornburg Limited Term Income Fund (U.S. investment-grade bond fund); Thornburg Investment Income Builder Fund (income-oriented multi-asset fund); Thornburg Global Opportunities Fund (quality valuation-oriented equity fund); Thornburg International Equity Fund (global ex-U.S. equity fund); and Thornburg Developing World Fund (global emerging markets equity fund).
“The distribution agreement with Fundsgate furthers Thornburg’s growing global presence,” said Chris Elsmark, head of Europe & Middle East distribution. “We are pleased that Fundsgate has selected the high added value and distinctively unconstrained Thornburg UCITS investment strategies for their Swiss clients.”
Andrej Carpani, CIO & Co-founder of Fundsgate, said, “This agreement represents a new strategic partnership between Fundsgate and Thornburg, a prestigious name in global investment management. With a diverse range of investment solutions, we believe Thornburg’s approach, particularly focused on income generation, is highly differentiated.”
“As the first non-European (US-based) asset manager to be represented in the Fundsgate portfolio, Thornburg represents a significant step in our growth. We believe the consistency of the firm’s investment style, its integration of ESG considerations in its investment process, and its track record and 40-year history will appeal to family offices and fund selectors in Switzerland,” said Christian Barozzi, CEO & Co-founder of Fundsgate.
Thornburg is a global investment firm delivering on strategy for institutions, financial professionals and investors worldwide. The privately held firm, founded in 1982, is an active, high-conviction manager of fixed income, equities, multi-asset solutions and sustainable investments. With CHF 42,8 billion1 in client assets as of 30 April 2022, the firm offers mutual funds, closed-end funds, institutional accounts, separate accounts for high-net-worth investors and UCITS funds for non-U.S. investors.
As an independent firm, Thornburg can take on a wide range of opportunities, explore ideas thoroughly and work across strategies to strive for consistent risk-adjusted outperformance over the long term. The firm attracts free-thinking professionals who are eager to pursue investment outcomes beyond the confines of popular wisdom. From nimble operational capabilities to principles and actions fitting of a global citizen, Thornburg’s investment platform and team are aligned on strategy to serve investors.
Fundsgate SA is an independent fund selector and distributor based in Switzerland. It has a team with over 15 years of experience and expertise in the field of fund distribution. Fundsgate acts as a third-party marketer specializing in selecting investment ideas and providing innovative solutions to its clients. It offers products from a select base of asset managers across a broad spectrum of asset classes and provides direct access to funds managed by some of the world's best asset managers.