Angus is Director, Risk & Compliance, of TCI Fund Management Limited, having previously been Partner and Compliance Officer at its predecessor, The Children’s Investment Fund Management (UK) LLP. He joined the firm in 2007. TCI manages over US$55 billion, in equites and it also originates real estate development loans.
TCI manages a concentrated portfolio (mostly long positions) and undertakes fundamental analysis and research into the companies into which it invests. Many positions are held for multi-year periods and we actively engage with the management of those companies. Significant effort has been made in recent years to understand the company’s plans to cut carbon emissions, and to encourage each company to put these plans to shareholder votes at general meetings.
The firm is regulated by the FCA, and is an SEC Exempt Reporting Adviser. Through TCI Fund Services LLP, a middle/back-office services company, Angus also provides compliance services to another independent investment manager, which manages an additional US$5 billion, which is both FCA-regulated and an SEC-registered Investment Adviser.
Angus is active within the Alternative Investment Management Association (AIMA), and sits on its Asset Management Steering Committee and its Government & Regulatory Affairs Committee. Since September 2018 he has also been on the Board (“Council”) of AIMA.
The three years prior to 2007 were spent at the Investment Management Association (IMA, now the IA), working closely with IMA members and representing them to regulators and legislators in the UK and across the EU.
Before then, Angus spent almost a decade with the FSA and IMRO, supervising some of the largest asset management firms, hedge fund managers and financial advisory firms.