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That
Is
TBF

ACTIVE MANAGEMENT - WITHOUT IFS AND BUTS

Your independent partner for long-term success

Since its incorporation by Peter Dreide in 2000, TBF has operated as a privately owned and independent company. This independence gives TBF the ability to implement its own values and investment strategies exclusively for the benefit of investors. TBF pursues the goal of continuous further development and thus always being one step ahead of the increasing demands of the market.

TBF stands for active asset management with the aim of generating long-term added value for its investors and understands itself as a supplier to the financial industry.

We invest in equities and bonds, focusing on global products, energy infrastructure, value stocks, event-driven approaches and modern bond strategies.

The

Bright

Future

offices in Germany

years of experience in PM (on average)

bn EUR assets under management

awards since
the incorporation

long-term experience

Aktien- und Anleiheinvestments seit 25 Jahren, made in Germany

TBF is a valuable partner in asset management with a professional set-up in all company units and experienced and motivated employees. Many years of industry experience in portfolio management combined with a solid employee structure characterize our team.

Portfolio management, research & trading

11 employees, average 23 years of professional experience

Marketing, sales & public relations

5 employees, average 20 years of professional experience

Operations, Finance & Risk Management

6 employees, average 20 years of professional experience

investment process

Transparent and
unique
investment process

Investment ideas are developed and reviewed during field trips and on-site company meetings. In the following investment process, the in-house database for company analysis and the long-standing risk model represent the cornerstones of all strategies. TBF commit itself to an emotionless guideline with no room for interpretation.

Our
added value
for you

TBF is committed to open and qualitative communication to ensure maximum transparency towards our investors. TBF has a strong financial and independent situation and therefore offers the necessary stability for a long-term and successful cooperation.

Our
investment strategies -
separate or in a mix

Our funds invest worldwide, but our main focus is on the regions of North America, Europe and Asia. In addition to equity and bond funds, mixed funds and absolute return funds, TBF also offers the management of special and label funds.
  • TBF Sales and Marketing GmbH
    HEGAU-TOWER, Maggistr. 5
    78224 Singen
  • +49 40 / 308 533 50
  • info@tbfsam.com
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Daniel Dreher

fund manager
After completing his apprenticeship as a banker at Volksbank Baden-Baden Rastatt eG, he immediately began a trainee program to become a securities specialist in Volksbank's Private Banking division. After completing the trainee program in 2011, he was initially responsible for the bank's product portfolio as a securities specialist before becoming an advisor to wealthy private clients within the Private Banking division.

He began studying part-time in 2010, successfully completing his Bachelor of Arts in Finance and Management. In 2017, he completed his Master of Science in General Management. He counts his internship in Group Treasury at DZ BANK AG in New York as one of the most important and valuable experiences he had during his studies.

Since October 2017, he has been employed as portfolio manager at TBF Global Asset Management GmbH and is in charge of defensive mandates most importantly the segment of European special situations.

Sebastian Schütt

Head of trade
After his apprenticeship as a banker at Dresdner Bank AG in Frankfurt am Main, he studied international business administration. This was followed by positions as a sales trader/stock broker at well-known and internationally operating institutions, including Cantor Fitzgerald International, where he worked most recently as a partner.

From 2010 to 2013, he was in charge of setting up institutional stock trading in Frankfurt am Main for Hauck & Aufhäuser Privatbankiers, focusing on small and mid caps. Similar positions in other institutions then followed. Most recently, he was employed at BNY Mellon at the multi-asset trading desk.

TBF has benefited from his expertise since December 2017. He is primarily responsible for further developing portfolio management processes and TBF's trading standards.

Patrick Vogel

Senior fund manager
Patrick Vogel began his career at Deutsche Bank/DWS. There he worked as a portfolio manager in the equities, multi-asset and fixed income sectors. He then worked at MainFirst for more than ten years. Patrick Vogel was part of the Global Equities / Multi Asset team for a long time and was appointed to the Management Board as Head of Portfolio Management in 2021. He was responsible for the implementation of sustainability approaches. He completed his Master's degree at the Frankfurt School of Finance & Management and is also a Certified Expert in Sustainable Finance.

Patrick Vogel joined TBF in January 2023 as Head of Strategic Asset Management and Senior Portfolio Manager.

Roman Kostal

Senior fund manager
Roman Kostal has over 25 years of experience in managing global fixed income funds and mandates. Previously, he was responsible for the management of global fixed income funds and mandates with an active currency approach at MainFirst, Eaton Vance and Oechsle International, primarily for institutional clients. Roman holds a bachelor's degree in economics from the University of Ostrava (Czech Republic) and a degree in business administration from the University of Regensburg. He is also a certified European Financial Analyst (CEFA).

Roman Kostal joined TBF as Senior Fund Manager in December 2022.

Roman Kostal

Senior fund manager
The graduate in economics and business administration began his investment career in 1987 at Bankers Trust, followed by positions at JP Morgan and Dresdner Kleinwort. At Ethenea Independent Investors, he was CIO and lead manager for global bonds in developed nations for eleven years. He played a key role in the company's success and was able to deliver decisive added value for all bond portfolios with his approaches.

He has been part of the TBF team since August 2019. As Senior Portfolio Manager and CEO, he is responsible for all of TBF's bond investments together with his colleague Roman Kostal.

Peter Dreide

CIO and founder
Peter Dreide was characterized at an early stage by his determination and sense of responsibility. So it was only natural that the later founder and CIO of TBF Global Asset Management GmbH moved to Canada to take on new challenges in 1992. He started his career as an investment consultant at Deutsche Bank AG. In Canada, he worked for McLean McCarthy in the institutional brokerage sector and headed the International Sales department for German clients.

This was followed by senior positions at Barclays de Zoete Wedd, Deutsche Morgan Grenfell in London and Head of Domestic and International Sales at Deutsche Bank Securities in Canada.

He moved back to Germany with his wife and three children and founded his own company, TBF Global Asset Management GmbH, in 2000. Since then he acts as Chief Investment Officer.
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