David Baverez

FIA UK is an active manager which aims to achieve long-term capital appreciation through a bottom-up approach. They focus on individual companies that seek to identify fundamental value in stocks. The firm uses a wide variety of investment strategies in managing client assets. FIA-UK conducts fundamental research, focusing on business franchise, trading environment, valuation, and management. Top-down considerations complement their approach, with attention paid to political, environmental and social issues likely to impact on a company's potential.

FIL Gestion is an active, growth-oriented manager focused on long-term capital appreciation. Their investment approach is flexible and integrates a variety of investment styles depending on the portfolio. The firm invests globally in fixed-income, money market instruments and equity across market-caps and sectors, favoring European equity and particularly French stocks. Their equity investment process consists in bottom-up stock picking informed by in-depth fundamental research (financial analysis complemented by an extensive program of company visits). They favor dynamic companies with growth potential.

Functions as a College/University

Develops recombinant therapeutic proteins and vaccines

Functions as a College/University

KDA Capital is an active, value/growth, long-only manager which is always fully invested in European equities. The firm's Managing Partner manages their fund with sector analysts following consumer goods, financials, cyclical, real estate, medical technology and Scandinavia. They invest across sectors including banks, media, logistics, consumer-related medical technology and residential construction. They do not cover pharma or technology because these fields are too complex and too specialized. The firm aims to exploit lags in the perception of industry change (outside the company), management change (inside the company), change of perception by investors either of the sector or company and change in valuation techniques applied by sell-side analysts to a company or sector. KDA Capital invests in companies where the sector has seen structural disruption, but management has not adapted, resulting in a profit warning. They typically have 20 to 25 stocks in their portfolio and invest with a two to three year horizon.

Operates as portfolio construction, visualization and analytics fintech company