French boutique Dorval Asset Management, part of Natixis GAM, has registered its two first funds in the Italian market, Dorval Convictions and Dorval Manageurs Europe.
Both funds are flexible and high-conviction European equity strategies. The former is managed by Louis Bert, CIO of Dorval AM while Bert co-manages the latter with Stéphane Furet, CEO of Dorval AM.
Dorval Convictions has been launched in 2008 and has achieved net returns of +56% since inception as at 31 December 2016.
Dorval Manageurs Europe was launched in 2011 and returned +98.3% net of fees since inception as of end-December 2016.
Founded in 1993, Dorval AM managed around €1bn of assets as of end of December 2016.