HC Berenberg Europe ex UK Focus Fund
A Concentrated, All-Cap portfolio that focuses on high quality businesses which have the potential to benefit from structural growth drivers over the long-term. Capacity focused approach ensures the team can invest more freely across market cap (25% small/mid caps where > growth opportunities exist). The team furthermore benefits from in-house small/mid cap expertise.
Overall, the portfolio aims to achieve 15-20% annualised growth, which despite the macro headwinds that are frequent in Europe, Berenberg believe they can deliver as their underlying companies continue to grow and by being genuinely All Cap and focused in nature (c.45 holdings).
Key people:
Matthias Born
• PM European, Eurozone and ex-Uk Focus Funds
• Prior to Berenberg, Matthias was the head of the European Growth Franchise at Allianz Global Investors, managing €21bn
• Focus on Tech and German-speaking Countries
• 23 years industry experience, 7 years at Berenberg
Oliver Fritz
• Co-PM European, Eurozone and ex-UK Fund since inception
• Co-PM Berenberg Absolute Return European Equities
• Focus on Industrials, Consumer and Nordics
• Prior to Berenberg, Oli worked as an European Equity Sales at Goldman Sachs
• 11 years industry experience, 7 years at Berenberg