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La Financière de l’Echiquier tops 2019 Alpha League Table

La Financière de l’Echiquier (LFDE) is proud to announce that it has taken first place in this prestigious ranking. The asset management company came second last year.

The honour underlines the quality of its stock picking and the consistency of the alpha[1] generation of its portfolio management teams. LFDE has one of the highest alpha rates in the competition: 4.98%, a clear increase on the previous year’s 4.08%[2].

This award recognises the excellence and consistency of La Financière de l’Echiquier’s portfolio management in whatever market configuration” said Christophe Mianné, Chief Executive Officer of La Financière de l’Echiquier. “We are both proud and happy. This award recognises the great work of our portfolio management teams and I congratulate them.

“This top ranking is the result of the collective work by La Financière de l’Echiquier’s portfolio managers and analysts and our investment philosophy” added Olivier de Berranger, Chief Investment Officer at La Financière de l’Echiquier.I am just as delighted with the stand-out performances by our small and mid-cap, international growth and SRI teams.

The Alpha League Table, compiled by SIX, is a benchmark ranking for investment management companies investing in French stocks, which focuses on the capacity to generate performance.

This top ranking confirms the quality of the strategies deployed by the investment management company, 44% of whose funds hold 4 and 5 Morningstar stars. A number of funds are in the top decile, including:

– Echiquier Agenor Mid Cap Europe
– Echiquier World Equity Growth

The work of Frédéric Buzaré, portfolio manager for Echiquier Agressor since October, also earned its rewards.

 

About La Financière de l’Echiquier – www.lfde.com

Founded in 1991 by Didier Le Menestrel and Christian Gueugnier, and managed by Christophe Mianné, La Financière de l’Echiquier is one of France’s leading investment management companies with more than €9 billion in assets under management and a team of over 130 employees. Its business is managing savings and financial investments on behalf of retail clients, wealth-management advisors, and institutional investors. As part of the Primonial Group, LFDE is also present in Italy, Germany, Austria, Switzerland, Spain and Benelux.

[1] Alpha is a measure of performance adjusted for the risk incurred to generate it
[2] Based on SIX methodology. The 2019 report is being prepared for publication