Echiquier Value Euro I

A graduate of IESEG, CFA charterholder and holder of a Master's degree in Finance from the University of Nottingham, Maxime Lefebvre began his career in 2003 as a marketing officer at Amundi in Hong Kong, then at La Française des Placements in Paris, where he became a European equity manager in 2007. He continued his career in 2014 at La Banque Postale gestion privée as a portfolio manager, where he developed specific expertise in discounted companies. In 2015, he became manager of Echiquier Value Euro at La Financière de l'Echiquier. Since 2024, when Tocqueville Finance and LFDE merged, he has been part of LFDE's Value team.

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.