About Us

Our investment goal is to generate leading risk-adjusted returns through identifying asymmetric risk-return profiles so as to take advantage of dislocations in credit markets. We take a diversified approach to credit investing across the capital stack focusing on low leverage while utilizing micro-credit analysis, best in class counterparties and independent asset analysis in our security selection process.

Banner frequently co-invests with clients either by taking a position on the credit side or by co-investing in the sponsor equity.

Expertise

Banner’s principals are personally invested in the firm, and its investors’ success.

Banner’s collaborative approach to investing ensures that our expertise and ideas are leveraged across credit strategies to the benefit of all investors. A culture based around risk management, integrity and transparency delivers best in class risk adjusted returns while minimising risk in various investment climates.

Our people have the shared values and complementary skill sets that result in our success as an asset manager. All members of the team, no matter their role within the business, work together to employ stringent business principles and our investment philosophy and have a vested interest in our success and the success of our investors.

What We Do

Capital preservation is a core focus. We employ a bottom-up approach to investing, actively managing each investment and allocation across credit sectors. Our emphasis is on total returns to investors with a high margin of safety built into each trade. Our funds are structured to provide both a ‘managed’ and ‘co-mingled’ strategy so as to provide maximum flexibility to our investors.

Banner actively manages two core strategies and credit funds. The funds invest primarily in real estate credit, including senior credit, leveraged loans, structured credit, subordinated debt and PE style trades. The investment team applies a robust quantitative and qualitative analysis on credit across each individual trade, knowing that this approach is amongst investors’ best strategies for seeking returns while managing downside risk.

The Team

Andrew Turner, Director & CEO

Andrew has over 25 years of Global Financial Markets experience having worked extensively in Capital Markets specialising in derivative products. He has extensive banking and financial expertise and has worked in London, Tokyo and Australia with leading international institutions. In 2007 Andrew launched his own fund as an alternate investment product targeting the HNWI and Institutional Investment markets throughout Australia and Asia.

Bryan Massey, Managing Director (NSW)

Bryan has over 25 years’ experience in the wholesale financial markets including investment and capital raising in London, Tokyo and Sydney. He was the long-time CEO of ICAP Plc’s operations in Japan, which comprised of a number of joint ventures that were significant liquidity providers in the Japanese Government bond, interest rate derivative and equity derivatives markets, and was active in niche credit markets, including corporate bonds and distressed debt.

Jeremy Vogler, Director, Banner Asset Management (Asia)

Jeremy has 27 years’ experience in the international money markets, primarily managing interest rate Options groups. Since 1989, he has been a director or senior manager throughout leading brokerage companies in Hong Kong, London and Tokyo. He has been actively investing in international real estate since 1986 and is currently a principal of Estuary LLP, a fund specialising in Argentine agricultural and construction investment trusts.

Trevor Reynolds, Managing Director, Banner (Japan)

Trevor is the CEO of Banner Japan which has in excess of $200m asset under management. Banner Japan commenced operations in 1979. He was also the fund manager for the Paradigm Fund of hedge funds from 1998 to 2005. In addition Trevor was a sales director for Charterhouse Accountants (London) from 2003 to 2006, specialising in UK tax products.

Jonathan Mitchell, Director, Banner Asset Management (Singapore)

Jonathan manages a high yield investment portfolio and is adviser to a number of private clients. He is also an active lender in the private mortgage market throughout Asia as well as an angel investor to numerous start-ups, while additionally having a strong focus on algorithmic trading. From 1992-2007 he held senior management positions in leading investment banks throughout Sydney, London and Tokyo primarily trading the firms interest rate and inflation derivative exposures.