“Quality Growth” approach pulls awards for Comgest
Independent asset management company Comgest, with assets under management of €15.5bn (as of 31/12/12) now tops the Alpha League Table.
The Table, based on the consistency of risk-adjusted returns, was launched by French rating agency Europerformance and academic research house EDHEC-Risk Institute in 2005.
Paris-based Comgest has received multiple awards from across Europe since the beginning of the year for the performance of its funds, along with the quality of its management and services.
In February of this year, the firm received a 5-star rating in the ‘Fondskompass’ fund selection category from German publication Capital, in collaboration with Feri EuroRating.
Comgest’s process, unchanged since launch in 1985, draws upon a “Quality Growth” approach which seeks to invest in quality growth companies at a reasonable price with the aim of offering above-average long-term returns at below-average risk.
“These multiple awards confirm our conviction that our rigorous stock-picking approach continues to deliver positive results amidst an unstable and irrational market in which it is becoming increasingly difficult to generate consistent long-term returns while managing risk”, comments Arnaud Cosserat, Managing Director at Comgest.
This year, Comgest’s European funds and managers have received ten awards, including Morningstar Awards in France, Benelux, Italy, United Kingdom and Switzerland. The German agency Feri EuroRating gave the company the ‘Best European Equity Fund’ award for Germany and Austria.