International
Growth Equity

Hansberger Growth Investors, led by Tom Tibbles since their inception in 1996, is an affiliate of Madison and are based in Toronto, Canada. The International Growth Team specialize in international growth equity portfolios of large non-U.S. companies with exposure to emerging markets.


International Growth Equity

A purely international portfolio of 45-60 large-cap companies, the International Growth Strategy seeks to outperform the MSCI ACWI ex USA benchmark by investing in extraordinary companies - industry leaders that generate sustainable earnings growth. This Strategy invests principally in equity securities of international companies, including emerging markets. Securities selected are generally those of large-cap companies with a market capitalization of over $1 billion. Securities purchased are from ideas generated by the team's bottom-up research efforts. The Strategy does not use derivatives to hedge currency exposure. Cash and cash equivalents are generally less than 5% of the portfolio.

Strategy Overview | hansberger.com

Thomas R.H. Tibbles CFA
Portfolio Manager
Patrick Tan
Equity Analyst
Alyssa Rudakas, CFA
Equity Analyst
Betty Tam
Equity Analyst

Thomas R.H. Tibbles CFA

Portfolio Manager
Contact

Tom Tibbles serves as CEO & CIO of Hansberger Growth Investors, L.P. (“HGI”) as well as serving on the firm’s Governing Board. In his role, Tom is a portfolio manager as well as being responsible for asset allocation and risk management decisions. He is also a key member of the Quantitative Research effort at HGI. Prior to joining our predecessor firm, Hansberger Global Investors, Inc. (“Old HGI”), in 1999, Tom headed up the Global Equity Team at Indago Capital Management in Toronto, an affiliate of Canada Life. Tom and Patrick were initial founders of the Growth Team in 1996 when they were with Indago Capital Management. Tom holds a Bachelor of Commerce degree with distinction from the University of Toronto, Trinity College. While attending the University of Toronto, he was awarded the Martin R. Lindsay Scholarship for performance in advanced finance and a Trinity College Scholarship for overall performance. He is a CFA® charterholder and a member of the CFA Society Toronto.

Patrick Tan

Equity Analyst
Contact

Patrick Tan is a senior member of the growth investment team. Patrick and Tom were initial founders of the Growth Team in 1996 when they were with Indago Capital Management. As an equity analyst; Patrick is responsible for fundamental equity analysis for the international equity portfolios. He is also a key member of the Quantitative Research effort at HGI. Previously, he was involved in quantitative analysis of portfolios, program trading, research technology, database management and performance measurement. He holds a Bachelor of Arts degree in Commerce and Economics from the University of Toronto.

Alyssa Rudakas, CFA

Equity Analyst
Contact

Alyssa is a fundamental analyst and responsible for multi-sector coverage. She joined the Growth Team in 2011 as a research associate. Alyssa began her career at Dundee Securities Corporation where she worked as a licensed sales assistant. She holds a Bachelor of Commerce degree from the University of Calgary. Alyssa is a CFA® charterholder and a member of the CFA Society Toronto. Alyssa became HGI's CCO effective June 2016.

Betty Tam

Equity Analyst
Contact

Betty Tam rejoined the Growth Team in 2006 and is responsible for the management of information systems within the portfolio management process. She is also a key member of the Quantitative Research effort at HGI. Betty began her career specializing in systems integration and enhancement. Her experience includes working at Indago Capital Management / Laketon Investment Management as the Director of Administration, Scotia Cassels Investment Counsel Limited as Manager of Portfolio Operations and at Perimeter Financial Corporation in the Asset Management Services Division as Operations Manager. Betty holds a Bachelor of Business Management degree from Ryerson University.

“Madison” and/or “Madison Investments” is the unifying tradename of Madison Investment Holdings, Inc., Madison Asset Management, LLC (“MAM”), and Madison Investment Advisors, LLC (“MIA”), which also includes the Madison Scottsdale office. MAM and MIA are registered as an investment adviser with the U.S. Securities and Exchange Commission. Madison Funds are distributed by MFD Distributor, LLC. MFD Distributor, LLC is registered with the U.S. Securities and Exchange Commission as a broker-dealer, and is a member firm of the Financial Industry Regulatory Authority. The home office for each firm listed above is 550 Science Drive, Madison, WI 53711. Madison's toll-free number is 800-767-0300. | Any performance data shown represents past performance. Past performance is no guarantee of future results. | Non-deposit investment products are not federally insured, involve investment risk, may lose value and are not obligations of, or guaranteed by, any financial institution. Investment returns and principal value will fluctuate. | This website is intended to be for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security.
All investments contain risk and may lose value. Equities may decline in value due to both real and perceived general market, economic and industry conditions. Investing in foreign-denominated and/or -domiciled securities may involve heightened risk due to currency fluctuations, and economic and political risks, which may be enhanced in emerging markets. | MSCI All-Country World ex USA Index is a free-float-adjusted market-capitalization index that is designed to measure equity market performance in developed and emerging markets, excluding the United States.

Indices are unmanaged. An investor cannot invest directly in an index. They are shown for illustrative purposes only, and do not represent the performance of any specific investment. Index returns do not include any expenses, fees or sales charges, which would lower performance.

The MSCI ACWI ex USA Index captures large and mid cap representation across 22 of 23 Developed Markets countries (excluding the US) and 23 Emerging Markets countries. With 1,843 constituents, the index covers approximately 85% of the global equity opportunity set outside the US.

The MSCI EAFE (Europe, Australasia & Far East) Index is a free-float adjusted market capitalization index that is designed to measure developed market equity performance, excluding the U.S. and Canada.