Europe EUR | 31.7 % |
Other countries | 15.1 % |
Europe ex-EUR | 10.2 % |
North America | 7.5 % |
Equity Basket Derivatives | -26.1 % |
Index Derivatives | -27.7 % |
Total % of alternative | 10.6 % |
We strive to build a high-conviction portfolio of long and short positions, based on a thorough fundamental company analysis to identify the best opportunities in Europe.
Market environment
Along with better-than-expected Q1 earnings, investors’ optimism for the economy shored up risky assets in May.
European large caps such as ASML and SAP beat their profit forecasts, fuelling their performance.
The possibility of the European Central bank cutting interest rates further brightened the outlook for European equities.
Despite difficult conditions ahead of European elections, Europe’s industrial champions continued to grow.