Investment Trusts

Tetragon Financial Group Ltd

TFG:AEX

Tetragon Financial Group Ltd

Actions
  • Price (USD)8.56
  • Today's Change0.00 / 0.00%
  • Shares traded0.00
  • 1 Year change-30.97%
  • Beta0.9392
Data delayed at least 15 minutes.
More ▼

Profile data is unavailable for this security.

About the company

Tetragon Financial Group Limited (TFG) is a closed-ended investment company. The Company invests in a range of assets, including bank loans, real estate, equities, credit, convertible bonds and infrastructure, and TFG asset management, a diversified alternative asset management business. The Company, through TFG Asset Management seeks to own all, or a portion, of asset management companies with which it invests in order to enhance the returns on its capital. The Company’s investment objective is to generate distributable income and capital appreciation. The Company aims to provide stable returns to investors across various credit, equity, interest rate, inflation and real estate cycles. The Company’s investment manager is Tetragon Financial Management LP (TFM).

  • Revenue in USD (TTM)161.00m
  • Net income in USD67.70m
  • Incorporated2005
  • Employees280.00
  • Location
    Tetragon Financial Group LtdMill Court, La CharroterieSAINT PETER PORT GY1 1EJGuernseyGGY
  • Phone+44 2 079018326
  • Websitehttp://www.tetragoninv.com
More ▼

Profile

Management group(s)--
AIC sectorFlexible Investment
ISINGG00B1RMC548
Launch date19 Apr 2007
Share typeOrdinary Share
Structure--
Base currencyUSD

Objective

The current investment strategy of the company is: To identify attractive asset classes and investment strategies; to identify asset managers it believes to be superior; to use the market experience of the investment manager of Tetragon to negotiate favourable terms for its investments; to own, where appropriate, all, or a portion of, asset management companies with which it invests in order to enhance the returns achieved on its capital.

Managed by

Not Disclosed

Management & contract fees

Management fee of 1.5% p.a. of the NAV payable monthly in advance prior to the deduction of any accrued incentive fees. The Issuer will also pay an incentive fee equal to 25% of the increase in the NAV above i) the reference NAV plus; ii) the hurdle for the period. See the TFG website for more details.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Boussard & Gavaudan Holding Limited23.77m14.77m284.78m87.0035.760.7361--11.980.47540.47541.0423.100.0385--18.41234,895.502.393.782.574.2498.0297.5362.1356.37----0.00--198.72-9.92146.07-7.80----
BIP Investment Partners SA23.74m-661.96k411.33m----0.2746--17.32-0.1309-0.13094.6880.120.0572--1.49---0.1595-2.97-0.1601-3.0096.6448.12-2.79-77.45----0.00---35.87-30.19131.83-53.29-23.16-6.73
TINC Comm VA26.18m20.75m562.56m--23.451.09--21.490.56720.56720.693412.260.0578--54.08--4.58--4.59------79.29----284.460.00---9.29---11.93------
Tetragon Financial Group Limited161.00m67.70m1.20bn280.0015.120.3430--7.430.56610.56611.6424.960.068--3.87--2.8610.312.8610.4457.5877.5042.0570.42--13.770.062229.2039.236.9419.2519.52--18.82
Gimv Investeringsmaatschap Vor Vlndrn NV169.26m-176.31m1.40bn91.00--1.06--8.28-5.97-5.975.7243.460.105--48.041,599,077.00-11.475.70-11.785.9487.8193.02-109.2133.32--0.43080.18494.05-35.20-11.09-235.24-----0.9711
KBC Ancora BV90.22m70.78m2.37bn--33.580.725--26.230.77360.77360.994235.830.0249------1.959.301.959.4381.3489.7778.45169.23----0.109---71.42-12.95-76.02-14.57----
Rolinco NV63.58m93.37m3.04bn0.003.580.3966--47.8113.3813.388.85121.560.0723--20.06--10.6211.7710.6211.7988.6090.66146.85127.45----0.006.26-31.75-3.77664.7923.49--20.11
Pershing Square Holdings Ltd2.43bn1.85bn5.36bn--2.770.7492--2.209.119.1111.7633.630.312--531.33--24.57-0.645525.25-0.688679.76-3.3278.76-28.40----0.1944--8,585.5210.732,392.3044.78----
Data as of --. Currency figures normalised to Tetragon Financial Group Ltd's reporting currency: US Dollar USD

Institutional shareholders

8.57%Per cent of shares held by top holders
HolderShares% Held
Goldman Sachs Asset Management LPas of 11 Jul 20194.71m3.37%
Asset Value Investors Ltd.as of 30 Aug 20194.14m2.97%
Deschutes Portfolio Strategy LLCas of 31 Aug 20201.03m0.74%
Miton Asset Management Ltd.as of 30 Apr 2020567.27k0.41%
Jupiter Asset Management Ltd.as of 29 May 2020500.00k0.36%
Premier Fund Managers Ltd.as of 29 May 2020485.11k0.35%
Davy Global Fund Management Ltd.as of 31 Oct 2018210.00k0.15%
Momentum Manager of Managers (Pty) Ltd.as of 31 Dec 2018149.67k0.11%
BMO Asset Managers Ltd.as of 30 Nov 2019148.05k0.11%
Unicorn Asset Management Ltd.as of 31 Dec 201925.00k0.02%
More ▼
Data from 30 Jun 2019 - 31 Aug 2020Source: FactSet Research Systems Inc.
The Financial and Risk business of Thomson Reuters is now Refinitiv
All markets data located on FT.com is subject to the FT Terms & Conditions
All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
Any information that you receive via FT.com is at best delayed intraday data and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions.