Tetragon Financial Group (TFG)

Business description

TFG's investment objective is to generate distributable income and capital appreciation, aiming to provide stable returns to investors across various credit, equity, interest rate, inflation and real estate cycles. TFG’s investment portfolio comprises a broad range of assets, including a diversified alternative asset management business, TFG Asset Management, and covers bank loans, real estate, equities, credit, convertible bonds and infrastructure.

Stock data

Market cap.US$1812.5m
Last closeUS$12.98
High / Low (52 weeks)US$13.2 / US$9.9
Stock market listingLN
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamInvestment Companies
SectorInvestment Companies

Other companies in sector Show

Aberdeen New Dawn Investment Trust Aberdeen New Thai Investment Trust
Aberdeen Private Equity Fund Aberdeen UK Tracker Trust
AcenciA Debt Strategies Acorn Income Fund
Alliance Trust Altamir SCA
Amphion Innovations APQ Global
Aurelius Bailador Tech Investments
Bankers Investment Trust (The) BB Biotech
Biotech Growth Trust (The) BlackRock Greater Europe Investment Trust
BlackRock Hedge Selector BlackRock Latin American Inv. Trust
British Portfolio Trust Brunner Investment Trust (The)
Canadian General Investments Carador Income Fund
Charles Stanley Circle Property
City Natural Resources Conversus Capital
CQS Rig Finance Fund CVC Credit Partners
Detour Gold Deutsche Beteiligungs
Dexion Commodities Diverse Income Trust (The)
DouglasBay Capital Dunedin Enterprise Investment Trust
DW Catalyst Fund Edinburgh Worldwide Investment Trust (The)
European Assets Trust European Investment Trust Plc (The)
F&C Managed Portfolio Growth F&C Managed Portfolio Income
F&C US Smaller Companies Fidelity China Special Situations
Fidelity European Values Finsbury Growth & Income Trust
Foreign & Colonial Investment Trust Gartmore Growth Opportunities
Gartmore Irish Growth Fund Geiger Counter Limited
GLI Alternative Finance Global Resources Investment Trust
Golden Prospect Precious Metals Hansa Trust
HarbourVest Global Private Equity HarbourVest Senior Loans Europe
HBM Healthcare Investments Heliad Equity Partners
Henderson Alternative Strategies Trust Henderson Far East Income
Henderson Global Trust Henderson Global Trust
Henderson International Income Trust HSBC Infrastructure Company
Infrastructure India International Biotechnology Trust
Invesco Asia Trust Invesco Income Growth Trust
Is Private Equity JP Morgan Private Equity Limited
JPMorgan Brazil Investment Trust JPMorgan European Smaller Companies Trust
JPMorgan Global Convertibles Income Fund JPMorgan Global Growth & Income
JPMorgan Indian Investment Trust Jupiter Green Investment Trust
Jupiter UK Growth Investment Trust Jupiter US Smaller Companies
JZ Capital Partners Limited Lazard World Trust Fund
Leaf Clean Energy Company LMS Capital
Lowland Investment Company LPEQ
Martin Currie Asia Unconstrained Trust Martin Currie Global Portfolio Trust
Middlefield Canadian Income Miton Global Opportunities
Miton Income Opportunities Trust New City Energy
Ocean Wilsons Holdings Pacific Assets Trust
Phaunos Timber Fund Polar Capital Global Healthcare Trust
PXP Vietnam Fund Qatar Investment Fund
Rathbone Brothers RENN Universal Growth Investment Trust
Schroder AsiaPacific Fund Schroder Global Real Estate Securities
ScotGems Scottish Oriental Smaller Companies
Securities Trust of Scotland Seneca Global Income & Growth Trust
Sigma Capital Group Standard Life Equity Income Trust
Standard Life Investments Property Income Trust Standard Life Pvt. Equity Trust
Standard Life UK Smaller Companies Trust Strategic Equity Capital
Taiwan Fund (The) Templeton Emerging Markets Investment Trust
The Law Debenture Corporation The Merchants Trust
The North American Income Trust The Scottish Investment Trust
Tiso Blackstar Group TR European Growth trust
UK Commercial Property Trust Utilico Emerging Markets
Vietnam Holding Asset Management Vietnam Infrastructure Fund
VinaCapital Vietnam Opportunity Fund VinaLand
Vision Opportunity China Fund WAM Active
WAM Capital WAM Research
Witan Investment Trust Witan Pacific Investment Trust
Worldwide Healthcare Trust YFM Equity Partners

Company news

Tetragon Financial Group Limited ("TFG") Announces The Completion Of Its ...

Mon, 02 Feb 2015 16:30:00 GMT

Tetragon Financial Group Limited ("TFG") Announces the Proposed Acquisition of ...

Thu, 23 Oct 2014 04:52:30 GMT

Tetragon Financial Group Limited ("TFG") First Quarter 2016 Results Announcement

Fri, 29 Apr 2016 05:57:05 GMT

Tetragon Financial Group Limited ("TFG") Half Yearly Report for Period Ended ...

Fri, 29 Jul 2016 05:57:11 GMT

Tetragon Financial Group Limited ("TFG") Q3 2016 Report for Period Ended 30 ...

Mon, 31 Oct 2016 09:15:28 GMT

Investment summary

Tetragon Financial Group (TFG) achieved an 8.5% NAV total return in 2016, with positive contributions from all asset classes. Tender offers totalling US$150m considerably enhanced returns, with shares repurchased at a substantial discount to NAV. While still wider than average among peers, Tetragon’s share price discount to NAV narrowed by c 10 points over the year, reflecting its 32.7% share price total return. The 2016 dividend was raised by 3.9% to US$0.6725, equating to a 5.3% yield. April 2017 marked Tetragon’s 10th anniversary and its performance since launch compares favourably to peers, with an 11.3% pa NAV total return to end-April 2017.

Last updated on 15/06/2017

Key management

Paul Gannon, CFO
Philip Bland, CFO
Reade Griffith, Director
Paddy Dear, Director
Rupert Dorey, Independent Director
Stephen Prince, Director
Frederic M. Hervouet, Independent Director
Greg Wadsworth, Head of Business Development
Yuko Thomas, Investor Relations
William Rogers, Independent Director
David Jeffreys, Independent Director
Quentin Nason, Head of Capital Markets

Company address

1st Floor Dorey Court, Admiral Park St. Peter Port
Guernsey
GY1 6HJ
United Kingdom
+44 20 7901 8328
View website