Tocqueville Dividende C

A graduate of Sciences Po Paris, with a Master's degree in Law from Panthéon-Sorbonne and CIIA, Pierre began his career in 1987 as a sell-side analyst with a number of institutions, including CIC Securities, Dresdner Kleinwort Benson and BNP Paribas. In 2001, he joined Crédit Lyonnais Securities in New York as a European equity salesman. In 2004, still in New York, he became an analyst manager at Amber Capital, an event-driven hedge fund. In 2006, he joined BNP Paribas' equity derivatives team in Paris, as a long-short trader in European equities. In 2008, he was appointed Head of Global Equity Fundamental Research at BNP Paribas in the equity derivatives team in Paris, then in London in 2011. In 2016, he joined LBPAM as senior European equity manager, then Tocqueville Finance in 2020. Since 2024, when Tocqueville Finance and LFDE merged, he has been part of the Value team of La Financière de l'Echiquier.

A graduate of Audencia Business School and holder of a Master's degree in Finance from Ohio State University-Fischer College of Business, Romain Ruffenach began his career in 2006 at CM-CIC Securities as a sell-side analyst. He then turned to auditing in 2007 at KPMG before joining SMA Gestion in 2013, in the Equity Long Only team, where he became manager of the benchmark European equity fund. In 2018, he became manager of the Echiquier Value Euro fund at La Financière de l'Echiquier. Since 2024, the year of the merger between Tocqueville and LFDE, he has been part of LFDE's Value team.