The Investment Strategy is implemented by the Manager, Tribeca Global Resources Pty Ltd, an authorised representative of Tribeca Investment Partners Pty Ltd which holds Australian Financial Services Licence 239 070. The Manager and Tribeca Investment Partners are part of the Tribeca Group, a Asia Pacific based investment and advisory firm founded in 1999. Tribeca currently manages capital across equities, credit, global natural resources and carbon strategies for a range of clients including large superannuation funds, insurance companies, sovereign wealth funds, private banks, financial planning groups, asset consultants, family offices, high net worth individuals and retail investors.
Ben Cleary is the Portfolio Manager for the Tribeca Global Natural Resources Fund which focuses on Energy, Mining and Soft Commodities and primarily invests in global equities and credit, but also directly in commodities. Ben is the Investment Manager of ASX-listed Tribeca Global Natural Resources Ltd (TGF: ASX) and is also an experienced Cayman fund director. Tribeca has been instrumental in corner-stoning more than $10bn of announced transactions in the natural resources sector over the last 15 years and works closely with financial advisors and companies directly. Ben is based in Brisbane and holds a Bachelor of Economics from the University of Queensland, a Graduate Diploma in Applied Finance from FINSIA and is a member of the Australian Institute of Company Directors.
Todd has over 20 years of capital markets experience including 16 years covering all aspects of the energy and mining sectors. Prior to joining Tribeca, Todd spent 22 years with Colonial First State Global Asset Management (CFSGAM), including six years based in London. Most recently, he was the Head of Global Resources, leading a team managing in excess of $3bn while serving as portfolio manager for the CFS Wholesale Global Resources Fund as well as other global resources long-only mandates and long-short portfolios. Todd commenced his career with Commonwealth Bank of Australia Group in 1996 in their corporate strategy team before moving to Colonial First State Global Asset Management in 1998. Todd holds a Bachelor of Commerce (Finance and Economics) degree from the University of Newcastle and is a CFA charter holder.
The Manager's Investment Strategy is an active long short investment strategy that seeks to profit from the inherent volatility in the Natural Resources Sector. The Investment Strategy employs a high conviction approach, leveraging the Investment Team's bottom-up research and specialist knowledge of the entities and commodities within the Company's investible universe.
The Investment Strategy uses a blend of top down macro-economic analysis (to forecast commodity prices) combined with bottom up fundamental analysis. Top down analysis is a critical component of the Manager's investment foundation. This sets in place commodity rankings which the Manager uses to construct Investment Themes, which in turn allows the Manager to conduct focused bottom up analysis on specific investments.
The Company's Investment Guidelines allow for investments in natural resources securities, credit positions (including listed, unlisted, fixed income and debt securities, direct or indirect exposure to shorter term loans and investments in unlisted trusts managed by the Manager), commodities and cash.
