Thornburg Appoints Concord Capital Management as Private Placement Agent in Taiwan
Thornburg is pleased to announce that it has appointed Concord Capital Management Corporation as its private placement agent to help market its global equities and fixed income UCITS and separately managed account solutions to institutions and high-net-worth investors in Taiwan.
SANTA FE, NM/TAIPEI, TAIWAN — 20 August 2020 — Thornburg Investment Management (“Thornburg”), a global investment firm that oversees US$41 billion1, today announced that it has appointed Concord Capital Management Corporation (“Concord”) as its private placement agent in Taiwan. Concord will help Thornburg market its global equities and fixed income UCITS and separately managed account solutions to institutions and high-net-worth investors in Taiwan.
“We look forward to working with Thornburg to introduce the firm’s wide range of investment strategies to investors in Taiwan,” said Concord Chairman and Managing Director David Lay. “Concord has an established track record of bringing quality boutique offshore investment management firms to Taiwan, and we are pleased to partner with Thornburg on strategies that strive to deliver risk-adjusted returns to investors seeking growth and income.”
Thornburg established an office in Hong Kong in 2019 as its Asia-Pacific hub to serve institutional and high-net-worth clients. The addition of Concord as the firm’s private placement agent in Taiwan will help propel the expansion of Thornburg’s business in Asia, which is expected to become one of its strategic growth drivers.
“We are excited to bring our investment solutions to institutions and high-net-worth investors in Taiwan, and begin our first collaboration in the market with Concord,” said Thornburg President and CEO Jason Brady. “As active managers, we believe our nearly four decades of success building fixed income and global equity portfolios, while navigating through a variety of market cycles, will help investors in Taiwan reach their goals.”
Thornburg Investment Management is a privately-owned global investment firm that offers a range of multi-strategy solutions for institutions and financial advisors. A recognized leader in fixed income, equity, and alternatives investing, the firm oversees US$41 billion1 as of July 31, 2020 across mutual funds, institutional accounts, separate accounts for high-net-worth investors, and UCITS funds for non-U.S. investors. Thornburg was founded in 1982 and is headquartered in Santa Fe, New Mexico.
At Thornburg, we believe unconstrained investing leads to better outcomes for our clients. Our culture is collaborative, and our investment solutions are highly active, high conviction, and benchmark agnostic. When it comes to finding value for our clients, it’s more than what we do, it’s how we do it: how we think, how we invest, and how we’re structured.
For more information, visit www.thornburg.com.
Concord Capital Management Corp. is a subsidiary of Concord Securities Group. Established in May 1988 and headquartered in Taipei, Concord is a leading pioneer of master agent offshore funds in Taiwan. Concord first represented KBC Asset Management Limited (Belgium) in 2005, and currently represents KBI Investors (Ireland), GAM (Switzerland) and Carmignac (France) offshore funds in Taiwan. Concord’s distribution channels include more than 30 banks, 6 insurance companies, 12 securities brokers and 10 investment trusts in Taiwan.
Ting (Barry) Huang
Head of Product and Sales
Concord Capital Management Corp.
Tel: +886 2 27560757
Mobile: +886 910 156 597
Director of Global Communications
Thornburg Investment Management
Tel: +1 505 467 5345
Mobile: +1 917 476 0781
General Manager, SVP and Partner
Tel: +852 25867877
Mobile: +852 91098121
1 Includes US$39.3 billion in assets under management and US$1.4 billion in assets under advisement as of 31 July 2020