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Former UBS exec starts new firm

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By Reporter
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2 minute read

The former chief executive of UBS Global Asset Management has announced the launch of a new asset management house – Pan-Tribal Asset Management.

Colin Woods has established Pan-Tribal Asset Management in order to provide a “breadth of asset management capabilities” and “investment strategies” to Australian clients.

“The philosophy underpinning Pan-Tribal is to source financial products from the best investment managers worldwide that are not currently available in the Australian market.

“While the attractiveness of the Australian market is globally recognised, the practicalities and difficulties of operating in Australia are often not,” said Mr Woods.

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The first product released by the new asset management house is the Pan-Tribal Global Equity Fund, to be managed by New York-based investment management firm Davis Advisors.

Mr Woods stated that Davis Advisors was chosen on the basis of the firm’s successful 45-year money management history, a disciplined investment approach, and an alignment of interests.

“While Davis exhibits an exceptional level of co-investment, we would expect that any manager we partner with would demonstrate commitment and self-belief by having a reasonable investment in the funds they manage.

“Pan-Tribal intends to build its offering around its clients’ greatest needs,” said Mr Woods.