Toscafund Asset Management, based in London, offers investment advice on a discretionary basis to pooled investment vehicles intended for sophisticated investors. The firm tailors its advisory services to the specific investment objectives of each client, generally without restrictions on investing in certain securities. Toscafund primarily uses a fundamental research approach to making investment decisions, employing strategies focused on global financial sector equities, mid-market capitalization equities, new issues, hedging, leverage, relative value, and short selling.
Fee Structure
Toscafund Asset Management charges an investment management fee based on the value of the client's assets under management, ranging from 1.5% to 2.0% per year. Fees are charged monthly in arrears based on the total market value of assets in the client account. The firm may also receive a performance-based fee, ranging from 15% to 20% of capital gains, subject to a high watermark.