Identifying Asymmetric Opportunities

The Team

The Team

Return profiles that are asymmetrical (small possible loss, big possible gain) are better than symmetrical risk/rewards
— Paul Elliot Singer

Portfolio Manager

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Tim McArthur

B. Economics (Hons)

Tim has over 15 years’ experience as an analyst and investor. His focus for much of his career has been small and mid-cap ASX listed industrial companies.

Prior to founding Asymmetric Asset Management, Tim operated a private investment vehicle, McArthur Partnership.

In conjunction with operating McArthur Partnership, Tim has worked for an independent specialist equities research firm, contributed as a freelance financial journalist to one of Australia’s leading investment guidance websites and worked as the senior analyst for a boutique funds management company with a mandate from a select group of high-net-worth families.

The Asymmetric Opportunities Fund is the culmination of Tim’s many years of experience operating through varied financial market environments. Tim is both an analyst and co-portfolio manager at Asymmetric.

Tim grew up on a sheep farm in the Adelaide Hills. Outside of work he still enjoys being involved with the farm and is an avid trail runner.

 

 

Investment Committee Member

Pierre Prentice

B. Commerce & Administration

Pierre has over 3 decades’ experience in the Australian Equities market. He started in financial markets just 5 months before the crash of 1987 (which he considers the best initiation he could ever have had). Prior to that, he practised as a chartered accountant, first with Arthur Andersen, then with KPMG (where he was Manager and Partner respectively), specialising in audit & small business advisory.

His first equities market career (1987-1999) was as an industrial analyst in the stockbroking division of Bankers Trust Australia. There he covered a broad range of industrial companies, eventually specializing in the Consumer sector (retail, food, beverage and gaming) where he was a top-rated analyst. He was also part of the division’s leadership team and an Executive Director of Bankers Trust Australia.

In 1999 he co-founded institutional fund manager JCP Capital Partners. As Head of Research and member of the Portfolio Construction team, he was instrumental in growing the firm’s funds under management to ~$10 billion and achieving top quintile performance over 1,3,5, & 7 year time frames to December 2010 when he retired.

From 2012, Pierre spent 3 years as a director of Diversified United Investments Ltd (ASX: DUI), a listed investment company chaired by Charles Goode.

Since 2012, Pierre and Tim have worked closely together analysing investment opportunities and co-investing. Pierre has been actively involved with Asymmetric since its formation in 2018, as well as being a shareholder and director of Asymmetric Asset Management Pty Ltd. Like Tim, on a day-to-day basis Pierre’s dual roles are analyst and co-portfolio manager.

Outside of work, Pierre’s countervailing passions are wine and cycling with gardening, grandchildren and charities taking up the rest of his spare time.