Sat, Sep 18, 2021
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Philipp Hensler named president and COO of Epoch Investment Partners

Thursday, August 02, 2018
Opalesque Industry Update - Epoch Investment Partners, the $42.2-billion-under-assets investment arm of TD Bank, announced today that Philipp Hensler joined the firm as President and Chief Operating Officer. Timothy Taussig, who co-founded the firm in 2004, stepped down and will retire in at the end of the year. In a letter to investors William Priest, co-founder, Chief Executive and co-Chief Investment Officer of Epoch hailed Taussig as a "great leader and business builder."

Hensler, who previously served as President and CEO of Vontobel Asset Management and head of distribution for Oppenheimer Funds, brings a wealth of experience to Epoch, a global asset management firm that provides U.S., non-U.S. and global equity strategies for institutional and intermediary clients. A native of Switzerland, he holds an M.B.A. from Duke University's Fuqua School of Business and a D.M from the Weatherhead School of Management at Case Western Reserve.

"Philipp brings to the role extensive experience working with clients and a broad array of sophisticated asset allocators, while his earlier background as a global equities investor adds valuable breadth to his perspective," said Priest. "I look forward to partnering with him as we lead Epoch together in the next phase of our evolution."

Epoch uses fundamental research to uncover opportunities that others may miss. It believes that the growth and applications of free cash flow represent the best predictor of long-term shareholder return. As a result, Epoch's security selection process is focused on free-cash-flow metrics and capital allocation, rather than traditional accounting-based metrics such as price-to-book and price-to-earnings.

"We look for strong company management with a commitment to financial transparency and a track record of delivering returns to shareholders," said Priest.

"I'm excited to be joining an investment led organization with a clear investment philosophy and process," remarked Hensler. "I look forward to working with Bill Priest and the Epoch team, who have a tremendous culture of intellectual curiosity and continuous innovation."

Epoch manages institutional money for the likes of CalPERS, Blue Cross and Blue Shield of Kansas and ArcelorMittal USA; and it sub-advises funds for John Hancock Funds, New York Life-MainStay Funds and TD Bank Group

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. SPACs: The fall of the SPAC market has digital media companies in disagreement about best path forward, Cannae Holdings: SPAC bloodbath provides a good entry point, British car startup Cazoo raises $1bn from SPAC merger, Europe's incoming SPAC boom will create a demand for talent[more]

    The fall of the SPAC market has digital media companies in disagreement about best path forward From CNBC: The digital media industry has reached a strategic crossroads. Earlier this year, special purpose acquisition vehicles (SPACs) appeared to be the long-awaited savior of digital me

  2. Property: Real estate's new moneymaker is not design-driven, it's alternative, Two Sigma building quant tools to hunt real estate bargains[more]

    Real estate's new moneymaker is not design-driven, it's alternative From Forbes: There has been a recent shift of attention in the real estate market as to the types of investments which make the strongest returns. In the past, it's always been a combination of good design, prim

  3. PE/VC: Private equity GPs, LPs alike working on diversity and inclusion, Chinese regulator vows to crack down on private equity, venture capital funds, The VC playbook for portfolio companies: learning from the Covid-19 crisis[more]

    Private equity GPs, LPs alike working on diversity and inclusion From PIonline.com: Private equity general partners and limited partners are doing more to increase diversity in private markets, according to a report released Tuesday by the Institutional Limited Partners Association.

  4. PE/VC: Private equity continues to lead fund closings, Venture capital firms are fighting to throw money at cleantech[more]

    Private equity continues to lead fund closings From PIonline.com: Among private fund closings, private equity funds have led the pack starting in 2011, based on data collected by Pensions & Investments. During those years, private equity's share has ranged from 56% to 72% of the total

  5. PE/VC: Climate tech is hot, but VCs can't forget about water, Five top trusts to tap into the private equity boom[more]

    Climate tech is hot, but VCs can't forget about water From Crunch Base: "It is unequivocal that human influence has warmed the atmosphere, oceans, and land." These fiery words come from the latest landmark U.N. report detailing intensifying, universal climate change impacts. They cover