One of the boutique fund managers under Challenger's Fidante Partners' multi-manager umbrella has closed. : One of the boutique fund managers under Challenger's Fidante Partners' multi-manager umbrella has closed. A spokesperson for Fidante confirmed Tempo Asset Management has closed after failing to reach sufficient scale of assets under management since opening its doors in late 2013. Tempo clients and staff were notified in April and its four-year-old Global Equity Fund was removed from the ASX's mFund service in June.