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Bailey McCann, Opalesque New York for New Managers: A new fund is capitalizing on the opportunities in European small-cap and mid-cap equities. Zurich-based Bellecapital's Belle Core Europe Eiger Fund is coming up on its one year anniversary and is up 12.49% inception to date, according to a performance update for investors reviewed by Opalesque. The fundamental discretionary long/short equity strategy invests in European companies with a particular focus on Switzerland, Germany and the Nordics.
The fund is led by Ben Eichenberger, Thomas Fritz, and Pascal Kueenzi. The team first started working together at Vontobel Asset Management where they worked on small-cap strategies.
Undercovered opportunities
"We have been able to find opportunities with small European companies early in their lifecycle that aren't on anyone's radar screen, which have outperformed," says Thomas Fritz, executive director at Bellecapital International AG in an interview with Opalesque New Managers. According to Fritz, while many of the headlines coming out of Europe are negative they don't tell the full story. European small and mid-cap companies tend to be of higher quality and often outperform similarly sized companies in the US.
The Eiger Fund invests in all sectors, looking for companies that have high growth potential. There is limited coverage of European small and midcap c...................... To view our full article Click here
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