In this interview published in Fund Selector Asia, our CEO Jean Keller explains how concerns about family-owned companies tend to be distorted and how data shows they outperform their non-family counterparts.
In this video published on Fund Selector Asia, our CEO Jean Keller discusses QUAERO CAPITAL’s value investing strategy that targets family-owned small caps in Europe.
QUAERO CAPITAL has moved to new offices in London’s West End following its recent merger with Asian fund management specialist Tiburon Partners.
The firm’s decision is based on the expansion of QUAERO following the deal with Tiburon whose staff have moved to the new office in King Street. They have been joined by the existing London based QUAERO staff who, until recently, like the Tiburon staff, had offices close to the new location. The enlarged entity is already trading under the QUAERO CAPITAL brand.
The new office underpins QUAERO’s commitment to the UK with a newly created single business which is managing some EUR2.1billion. In line with their shared boutique philosophy the combined business will remain 100% employee owned and continues to focus on highly concentrated, actively managed, value strategies.
QUAERO CAPITAL CEO Jean Keller said, “We are delighted to be working with our new colleagues in great offices, in an excellent location. We have joined forces with other excellent value specialists whose skills and expertise – in Japanese and Asian equities – are wholly complementary. We are also excited to have a substantial presence in London – one of the key centres for investment talent in the world.”
In this article published in the 14 May 2018 edition of Le Temps, our CEO Jean Keller explains why it’s time to give Asia the allocation it deserves in portfolios.
Can you explain the strategy? What sets you apart from other managers in this space?
At QUAERO CAPITAL we believe that the best returns are often to be found in the companies that are the least well-followed. In spite of the fact that there are only 247 shares quoted on the SIX exchange, there are over 60 companies where there is no research coverage. Many of these companies are small and liquidity problems can deter larger fund managers. QUAERO CAPITAL can use its size to our advantage and invest in companies where others cannot.
The Quaero Capital Funds (Lux) – Smaller European Companies fund was designated best “European Equity” fund in Spain in the XIXth edition of the Expansión-Allfunds awards.
The prize was given during the gala dinner held on 5 April at the Madrid Stock Exchange.
Following company visits and new attractive prices, we have invested in three Swiss stocks for our European Small Companies strategy: Composite materials specialist Gurit, private bank EFG International and high precision machining company Tornos. With a total of 69 holdings, we will now be pruning smaller positions in coming months.
In this article published in the 5 March 2018 edition of Le Temps, our CEO Jean Keller discusses the side effects of the new financial regulations, despite their good intentions.
Investors have been hit as Carillion plc, a major UK construction and facilities management company, entered forced liquidation suddenly in January, creating negative sentiment for the entire social infrastructure sector in the UK.
Value investors are returning to Greece, hopeful that if improving macro economic conditions persist, the coming year will prove a major boost to Greek small cap stocks.
Uncertainties certainly persist: the government has still to agree a post-bailout strategy with the Troika of lenders (made up of the International Monetary Fund, The European Commission and the European Central Bank). There is an estimated EUR 1 billion shortfall in Greece’s proposed 2018 privatisation programme (which may impact personal tax and VAT measures), and an election cycle is set to begin soon.