BL-European Family Businesses B Cap

Estrategia de inversión

The objective of the fund is to achieve long-term capital gains by investing in quality European family businesses benefiting from a sustainable competitive advantage. It aims to outperform its relevant benchmark return while generating lower volatility. The fund manager implements an active investment strategy based on strong convictions with a long term investment horizon.

• Investment in quality family businesses.
• Founder / heir generation / family acquirer with
  • > 25% of voting rights or
  • 20-25% of voting rights, but with controlling family providing CEO and Chairman
• Focus on “Familiness”, owner mindset and corporate vision.
• Portfolio of ~ 80 companies.
• Fundamental stock picking methodology.
• Monitoring of company and average portfolio valuation.
• Portfolio with structural deviations from the relevant market index.
• Diversification according to the companies' underlying earnings drivers.
• Low turnover.