TCAM plans to expand range with style-bias fund launch

Split from parent company last year

The heads of Turcan Connell Asset Management (TCAM) have revealed significant expansion plans for the business, following a separation from its parent law firm at the end of 2015, including a style-bias fund for Q4 2016.

Joint chief executives Haig Bathgate (pictured) and Alex Montgomery led a management buyout from Turcan Connell last autumn, backed by investors such as hedge fund manager Crispin Odey and Schroders fund manager Robin Parbrook. This allows the firm, now known as TCAM, to expand its team, have greater autonomy over areas such as marketing and IT, as well as gain better access to intermediaries. The firm oversees £1bn in assets for clients. Bathgate, who is also chief investment officer, said there was a gap in the market which the firm can exploit. "We are finding opportunities a...