Norbert Adam

Lupus alpha is an active manager who aims to deliver sustainable added value and above-average performance. The firm constructs highly specialized and focused portfolios invested in European small- and mid-caps.

Stifel IM is an active investor which manages portfolios invested primarily in European equity with a particular focus on Germany, Switzerland and France. They typically follow contrarian value and quality growth investment styles and employ European and global equities, emerging market fixed-income and absolute return multi asset strategies. The firm uses a top-down approach for sector allocation and a bottom-up approach for security selection.

Investment decisions are taken in a structured investment process based on fundamental and technical methods. They use a top-down approach to weight securities categories. Sectors and regions as well as individual securities are then selected in a bottom-up procedure. In markets where an active management approach does not promise a sustained improvement in performance, the fund management team prefers an index-oriented method. In this process, clearly defined benchmarks provide the firm with a transparent navigation tool. Markets where superior knowledge of the fund management team may be converted into long-term performance advantages are actively managed.