Thomas Harmer

Mackenzie Europe believes success in fundamental investing is achieved by identifying undervalued, under-appreciated companies with high and/or improving returns on invested capital and a sustainable competitive advantage. Securities are evaluated based on top-down macro trends, bottom-up company analysis, and both internal and external research and analysis. The firm offers various institutional strategies that are well diversified across asset classes, geographies and sectors, targeting a range of specific investment objectives.

Amundi Austria is a growth-oriented manager which performs in-house fundamental research and utilizes quantitative-technical models, primarily focusing on European markets. They outsource global market investments to third-party asset managers. The firm combines top-down and bottom-up research to construct portfolios of both index-oriented and absolute return funds. Amundi Austria invests in global bonds (single equity), bond funds, global stocks (single equity), equity funds and real estate. They invest in derivative financial instruments for hedging purposes. Their portfolio managers make the firm's investment decisions.

RINGTURM actively manages portfolios, a large portion of which is invested in global equity and fixed-income. They are a conservative, risk-averse manager; however, they use derivative instruments to hedge portfolios. The firm is a value-oriented investment manager and utilizes a top-down, macro-economic, fundamental research approach, which seeks to identify both short-term cyclical changes and long-term structural changes in order to determine asset allocation.