Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Europe's Top 100 Fund Managers 2009: winners through boom and bust

Europe's Top 100 Fund Managers 2009: winners through boom and bust

It has been a turbulent and testing three years for fund managers, to put it mildly, which makes the make-up of this year’s list of Europe’s Top 100 managers all the more interesting.

The three-year period to the end of December covered by this analysis includes a close to 50/50 split between bull and bear markets. Until the summer of 2007, when markets started their decline, aggressive managers had been enjoying the steadily rising markets and finding alpha opportunities in abundance.

But from that point everything changed and more cautious and defensive managers came to the fore. However, to appear in the Citywire Top 100 for 2009, fund managers will have had to produce alpha through both the boom and bust periods for the markets.

Joint top in this year's list are Paris-based trio Romain BurnandThomas Perrotin and Andrzej Kawalec of Moneta Asset Management (pictured above). The analysis, which covers more than 4,000 fund managers running funds in 38 different Lipper Global sectors, provides a level playing field on which to compare all those involved, whether running a large fund at a big company or a small one at an unknown boutique. The broad spread of fund management talent across Europe has been a recurring theme for the Top 100, clearly evident in each of the five years that we have published the list.

The 2009 Top 100 in full:

Position - Fund Manager - Group - Contributing funds 
1= Romain Burnand  - Moneta Asset Management  - Moneta Multi Caps, Moneta Micro Entreprises
1= Thomas Perrotin - Moneta Asset Management - Moneta Multi Caps, Moneta Micro Entreprises
1= Andrzej Kawalec - Moneta Asset Management - Moneta Multi Caps, Moneta Micro Entreprises
4. Alexander Kapfer  - FIVV  - FIVV-Aktien-Global-Select-UI
5. Philip Dicken - Threadneedle Investments - Threadneedle Pan European Smaller Companies
6. David Dudding - Threadneedle Investments - Threadneedle European Select, Threadneedle European Smaller Companies
7. Peter Till - C-Quadrat - C-QUADRAT Absolute Austrian Equity, C-QUADRAT Active European Equity
8. Robin Hepworth - Allchurches - Ecclesiastical Amity International
9. Robert Beer - Robert Beer Investment - LuxTopic - Aktien Europa
10. Gerald Kichler - Flossbach & von Storch - FvS Aktien Global
11. Rory Hammerson - SWIP - SWIP SICAV European, SWIP Pan European Equity, SWIP Pan European SRI Equity, SWIP Pan European Smaller Companies, SWIP SICAV European Smaller Companies
12. Kurt Hardt - Kreissparkasse Biberach - Universal-Shareconcept
13= Roger Fischer - AMG - AMG Substanzwerte Schweiz
13= Erhard Lee - AMG - AMG Substanzwerte Schweiz
15. Javier Bollaín - Gesbankinter -  BK Pequeñas Compañias, BK Small & Mid Caps
16. Carsten Dehn - SEB Invest - SEB Europa Smabolagsfond, SEB European Equity Small Caps, SEB Schweizfond
17. Matthias Habbel - Habbel, Pohlig & Partner - hp&p://-Euro-Select-Universal-Fonds
18. Emanuele Pignatelli - Riverfield - Planetarium Fund Riverfield Equities
19. Ann Grevelius - Handelsbanken Fonder - Handelsbanken Radiohjalpsfond, Bosparfonden SBC Handelsbanken, Handelsbanken Reavinstfond SPP Aktiefond Sverige
20. Ivan Larsen - Danske Capital - Danske Invest Europe Small Cap
21= Jan Rosenqvist - Öhman - Ohman Nordisk Miljofond
21= Jonas Sandefeldt - Ohman - Ohman Nordisk Miljofond
23. Jan Ehrhardt - Dr. Jens Ehrhardt KAG - DJE Dividende & Substanz
24. Nicholas Williams - Baring Asset Management - Baring Europe Select
25. Günther Gerstenberger - PEH Wertpapier - PEH Sicav - PEH Diplomat, PEH-UNIVERSAL-FONDS VALUE STRATEGIE

26= Simon Shaw - EPIC - Elite EEA UK Financials
26= Jonathan Fieldsend - EPIC - Elite EEA UK Financials
28 Pascal Riegis - Oddo Asset Management - Oddo Avenir Europe F, Oddo Avenir Europe A, Oddo Avenir Euro A, Oddo Avenir Cap
29= FernandoHernández García - Inversis Gestión - Oportunidades Globales
29= Juan Luis García Alejo - Inversis Gestión - Oportunidades Globales
31. Jane Henderson - Walter Scott & Partners - World Express Fds I US Equities
32. Silvio Mattanza - Zegora Investment Management - Zegora Enviromental Fund
33. Martin Lau - First State - First State Asian Equity Plus
34. Christian Zimmermann - Pioneer Investments - Pioneer Funds European Potential, Pioneer Funds Global Ecology
35. Lucile Loquès - Covea - Boissy Actions Americaines
36. Christopher Rice - Cazenove - Cazenove European Equity (ex UK), Cazenove European
37. Gregor Trachsel - Credit Suisse - Credit Suisse Equity (Lux) Global Value, Warburg Value Fund - Anteilklasse
38. Steven Cordell - Cazenove - Cazenove Pan Europe
39. Peter Fruzzetti - MFS International - MFS Meridian Funds European Smaller Cos
40. Gerhard Reichhard - W&W Asset Management - W&W Wachstum
41. Phillipe Desourmont - SMA Gestion SA - Bati Entreprendre Euro, Bati Actions Investissement
42. Thomas Farthofer - Griffin Capital Management - Griffin Eastern European
43. Frank Ringelstein - Ringelstein & Partner - R + P UNIVERSAL-FONDS
44. Edwin Lugo - Franklin Templeton Investments - Franklin European Growth, Franklin European Small-Mid Cap Growth
45. Michael Lindsell - Lindsell Train - Close Investments - Japanese Equity
46. Frank Hansen - Allianz Global Investors - Allianz RCM Small Cap Europa, Allianz-dit Nebenwerte Deutschland, Allianz-dit Wachstum Deutschland
47. Frédéric Leroux - Carmignac Gestion - Carmignac Investissement Latitude
48. Olivier Baduel - Crédit Agricole Asset Management - CAAM Select Europe, Medi-Actions, CAAM Select France
49= Guy Monson - Sarasin Investmentfonds AG - Sarasin CI EquiSar Sterling Global Thematic, Sarasin EquiSar - IIID, Sarasin EquiSar - Global, Sarasin CI EquiSar Dollar Global Thematic, Sarasin EquiSar Global Thematic
49= Harry Talbot Rice - Sarasin Investmentfonds AG  - Sarasin EquiSar - Global, Sarasin CI EquiSar Dollar Global Thematic, Sarasin CI EquiSar Sterling Global Thematic, Sarasin EquiSar - IIID, Sarasin EquiSar Global Thematic

51. Daniel Fighiera - Rothschild - Elan MidCap Euro, Elan Midcap France
52. Julien Bernier  - J.Chahine Capital - Digital Funds Stars Europe, Digital Funds Stars Europe Ex-UK, Digital Stars Euroland
53. Roberto Condulmari - Kairos Partner - Kairos Partners Small Cap
54= Herwig Weise  - Mack & Weise GmbH - M & W Invest: M & W Capital
54= Martin Mack Mack & Weise GmbH - M & W Invest: M & W Capital
56. Philip Gibbs - Jupiter Asset Management - Jupiter Financial Opportunities, Jupiter JGF Global Financials
57. Volker Schardin - Alpha Centauri Finanz-Beratungsgesellschaft  - Alpha Centauri Strategie UI
58= Oliver Knobloch - Pictet & Cie  - Pictet F (LUX)-Small Cap Europe
58= Aylin Uckunkaya Suntay - Pictet & Cie - Pictet F (LUX)-Small Cap Europe
60. Charles Edward Joseph - Boussard & Gauvandan Gestion - BG Long Term Value
61. Emil Letzelter - Internationale Kapitalanlagegesellschaft - Aktien Welt INKA
62. Peter Hohler - Baden-Wuerttembergische Bank - BWI-Aktien-Strategie Small & Mid Caps
63. Walter Rossini - Aletti Gestielle - Gestielle East Europe
64. Simon Lue-Fong - Pictet & Cie - Pictet F (LUX)-Global Emerging Debt-P Cap, Pictet F (LUX)-Global Emerging Curr-P Cap, Pictet F (LUX)-Emerging Local Curr Debt-P Cap
65. Ben Surtees - Jupiter Asset Management - Jupiter JGF Asia Pacific L USD
66. Daniel Phelan - Swan Capital Management - Celestium Cap
67. Thomas Mergenthaler - Universal / Heidenheimer Volksbank - HWG-FONDS
68. JP Scandalios - Franklin Templeton Investments - Franklin Technology A Acc USD
69. Joseph Tse - Fidelity International - Fidelity Funds - Asian Special Sits A
70. Jan Nellemann - Jyske Invest - Jyske Invest Eastern European Equities
71. Lutz Roehmeyer - Landesbank Berlin - GO EAST-INVEST
72. Rita Dhut - Aviva - Aviva Investors European Value Equity A
73. Magnus Matstoms - Carnegie - Eldsjal Gavofond, Eldsjal Sverigefond, Skandia Swedish Growth A1, Carnegie Sverige
74. Joël Kresman - CIC Group Brongniart Rendement C

75= Kate Mead - MFS International - MFS Meridian Funds Global Value A1 USD, MFS Meridian Funds US Value A1 USD
75= Steven Gorham - MFS International - MFS Meridian Funds Global Value A1 USD, MFS Meridian Funds US Value A1 USD
77. Simon Somerville - Jupiter Asset Management - Jupiter Japan Income Acc
78. Anne Chaumont - Palatine Asset Management - Palatine Europe Small Cap
79. Joachim Tack - Fairway Asset Management - ASS-Global
80. Mary-Thérèse Barton - Pictet & Cie - Pictet F (LUX)-Global Emerging Debt-P Cap
81. Alistair Thompson - First State - First State Asian Growth I
82. Greg Kuhnert - Investec - Investec Asia ex Japan A Acc Net, Investec GSF Asian Equity A Inc
83. Bernd Reintgen - Reintgen Portfolio Consulting - RSI International OP
84= Thomas Perkins - Janus International - Janus US Strategic Value A USD Acc
84= Jeffrey Kautz - Janus International - Janus US Strategic Value A USD Acc
86. Dennis Stattman - BlackRock - BGF Global Dynamic Equity Fund A2 USD
87. Gianluca Biggi - Jefferies Asset Management - Jefferies Europe Convertible Bonds EUR B
88. Philippe Brugère-Trélat - Franklin Templeton Investments - Franklin Mutual European A Acc EUR
89. Michael R. Mach - Eaton Vance Management - Eaton Vance Emerald US Value M2 USD
90. Edouard Carmignac - Carmignac Gestion - Carmignac Investissement A
91. Eric de Puget - Saint Olive Gestion - BSO Europe
92. Joël le Saux - Credit Suisse Asset Management - Credit Suisse Equity (Lux) Japan Megatrend B JPY
93. Allan Liu - Fidelity International - Fidelity South East Asia Acc, Fidelity Funds - South East Asia A USD
94. Mats J. Andersson - Nordea Investment Funds - Nordea Nordic Small Cap Kasvu, Nordea 1 - Nordic Equity Small Cap Fund BP EUR
95. Gustav Rhenman - Asia Growth Investors - AGI China East Asia EUR C Inc
96. Fiona Frick - Unigestion - UNI-GLOBAL Beta Managed Minimum Variance Europe, UNI-GLOBAL Minimum Variance Europe, UNI-GLOBAL Minimum Variance World B1, UNI-GLOBAL Minimum Variance Japan B1 JPY, UNI-GLOBAL Minimum Variance US B1, Unigest-Swiss Minimum Variance
97. Jens Hansen - ValueInvest - ValueInvest Lux Blue Chip Value C1 Acc, ValueInvest Lux Global C1 Acc, ValueInvest Lux Japan C1 Acc
97= Claus Juul - ValueInvest - ValueInvest Lux Blue Chip Value C1 Acc, ValueInvest Lux Global C1 Acc, ValueInvest Lux Japan C1 Acc
97= Denis Kostyukovich - ValueInvest - ValueInvest Lux Blue Chip Value C1 Acc, ValueInvest Lux Global C1 Acc, ValueInvest Lux Japan C1 Acc
100. Laurent del Grande - Fidelity International - Fidelity Funds - Japan Dividend Growth A

Europe’s best fund managers are based in centres large and small, right across the continent, and are running money across a wide variety of asset classes.

Between them, the Top 100 managers run a total of 160 funds in sectors that are covered by the analysis. Those funds appear in 25 different sectors and although the best-represented sectors may be pretty much as expected, there are some surprises. The global equity sector contains the highest number of funds run by Top 100 managers, 45. Second is Equity Europe Small & Mid Cap, with 20, followed by the mainstream Equity Europe sector with 14. Another mainstream sector, Equity Asia Pacific ex-Japan, is in fourth place with nine funds, but fifth place is taken by Equity Sweden with eight.

Equity Sweden funds are, of course, generally based in the Nordic region and the breakdown of where the Top 100 managers are based once again shows the broad base of European investment talent – of the top 20 managers, three are based in the Nordic region.

Germany has the strongest presence in the top 20: five of these fund managers are based there. Four of the top 20 are UK-based, while France and Switzerland are home to three each. Austria and Spain each have a single top 20 manager.
CLICK HERE TO DOWNLOAD THE FULL LIST IN PDF FORMAT.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

Related Fund Managers

Mats J. Andersson
Mats J. Andersson
3/9 in Equity - Nordic (Performance over 3 years) Average Total Return: 65.30%
Robin Hepworth
Robin Hepworth
391/416 in Equity - Global (Performance over 3 years) Average Total Return: 28.02%
Emanuele Pignatelli
Emanuele Pignatelli
296/416 in Equity - Global (Performance over 3 years) Average Total Return: 41.07%
Guy Monson
Guy Monson
336/416 in Equity - Global (Performance over 3 years) Average Total Return: 36.55%
Harry Talbot Rice
Harry Talbot Rice
312/416 in Equity - Global (Performance over 3 years) Average Total Return: 39.34%
Edouard Carmignac
Edouard Carmignac
352/416 in Equity - Global (Performance over 3 years) Average Total Return: 34.83%
Philip Dicken
Philip Dicken
28/59 in Equity - European Small & Medium Companies (Performance over 3 years) Average Total Return: 66.64%
Ivan Larsen
Ivan Larsen
10/59 in Equity - European Small & Medium Companies (Performance over 3 years) Average Total Return: 74.72%
Nicholas Williams
Nicholas Williams
26/59 in Equity - European Small & Medium Companies (Performance over 3 years) Average Total Return: 68.16%
Peter Fruzzetti
Peter Fruzzetti
46/59 in Equity - European Small & Medium Companies (Performance over 3 years) Average Total Return: 58.45%
Frank Hansen
Frank Hansen
49/59 in Equity - European Small & Medium Companies (Performance over 3 years) Average Total Return: 56.19%
Edwin Lugo
Edwin Lugo
22/25 in Equity - Global Small & Medium Companies (Performance over 3 years) Average Total Return: 41.36%
Charles-Edouard Joseph
Charles-Edouard Joseph
14/64 in Equity - EuroZone (Performance over 1 year) Average Total Return: 29.20%
Simon Lue-Fong
Simon Lue-Fong
1/2 in Bonds - Emerging Markets Latin America (Performance over 3 years) Average Total Return: 15.67%
Mary-Thérèse Barton
Mary-Thérèse Barton
2/2 in Bonds - Emerging Markets Latin America (Performance over 3 years) Average Total Return: 15.67%
JP Scandalios
JP Scandalios
36/63 in Equity - US Small & Medium Companies (Performance over 1 year) Average Total Return: 13.27%
Steven Gorham
Steven Gorham
87/195 in Equity - US (Performance over 3 years) Average Total Return: 58.05%
Michael Lindsell
Michael Lindsell
3/85 in Equity - Japan (Performance over 3 years) Average Total Return: 96.04%
Joël Le Saux
Joël Le Saux
12/85 in Equity - Japan (Performance over 3 years) Average Total Return: 75.97%
Jens Hansen
Jens Hansen
107/108 in Equity - Japan (Performance over 1 year) Average Total Return: 11.45%
Claus Juul
Claus Juul
106/108 in Equity - Japan (Performance over 1 year) Average Total Return: 11.45%
Philippe Brugère-Trélat
Philippe Brugère-Trélat
173/177 in Equity - Europe (Performance over 3 years) Average Total Return: 24.62%
David Dudding
David Dudding
31/78 in Equity - Europe Excluding UK (Performance over 3 years) Average Total Return: 51.21%
Christopher Rice
Christopher Rice
72/78 in Equity - Europe Excluding UK (Performance over 3 years) Average Total Return: 38.78%
Steve Cordell
Steve Cordell
71/78 in Equity - Europe Excluding UK (Performance over 3 years) Average Total Return: 38.85%
Julien Bernier
Julien Bernier
4/78 in Equity - Europe Excluding UK (Performance over 3 years) Average Total Return: 78.16%
Martin Lau
Martin Lau
35/122 in Equity - Asia Pacific Excluding Japan (Performance over 3 years) Average Total Return: 56.94%
Ben Surtees
Ben Surtees
73/122 in Equity - Asia Pacific Excluding Japan (Performance over 3 years) Average Total Return: 44.22%
Alistair Thompson
Alistair Thompson
89/122 in Equity - Asia Pacific Excluding Japan (Performance over 3 years) Average Total Return: 39.51%
Greg Kuhnert
Greg Kuhnert
44/122 in Equity - Asia Pacific Excluding Japan (Performance over 3 years) Average Total Return: 51.75%
Romain Burnand
Romain Burnand
Thomas Perrotin
Thomas Perrotin
Andrzej Kawalec
Andrzej Kawalec
Alexander Kapfer
Alexander Kapfer
Peter Till
Peter Till
Robert Beer
Robert Beer
Gerald Kichler
Gerald Kichler
Rory Hammerson
Rory Hammerson
Kurt Hardt
Kurt Hardt
Roger Fischer
Roger Fischer
Erhard Lee
Erhard Lee
Javier Bollaín
Javier Bollaín
Carsten Dehn
Carsten Dehn
Matthias Habbel
Matthias Habbel
Ann Grevelius
Ann Grevelius
Jan Rosenqvist
Jan Rosenqvist
Jonas Sandefeldt
Jonas Sandefeldt
Jan Ehrhardt
Jan Ehrhardt
Günther Gerstenberger
Günther Gerstenberger
Simon Shaw
Simon Shaw
Jonathan Fieldsend
Jonathan Fieldsend
Pascal Riegis
Pascal Riegis
Fernando Hernández García
Fernando Hernández García
Juan Luis García Alejo
Juan Luis García Alejo
Jane Henderson
Jane Henderson
Silvio Mattanza
Silvio Mattanza
Christian Zimmermann
Christian Zimmermann
Lucile Loquès
Lucile Loquès
Gregor Trachsel
Gregor Trachsel
Gerhard Reichhard
Gerhard Reichhard
Phillipe Desurmont
Phillipe Desurmont
Thomas Farthofer
Thomas Farthofer
Frank Ringelstein
Frank Ringelstein
Frédéric Leroux
Frédéric Leroux
Olivier Baduel
Olivier Baduel
Daniel Fighiera
Daniel Fighiera
Roberto Condulmari
Roberto Condulmari
Philip Gibbs
Philip Gibbs
Volker Schardin
Volker Schardin
Oliver Knobloch
Oliver Knobloch
Aylin Uckunkaya Suntay
Aylin Uckunkaya Suntay
Emil Letzelter
Emil Letzelter
Peter Hohler
Peter Hohler
Walter Rossini
Walter Rossini
Daniel Phelan
Daniel Phelan
Thomas Mergenthaler
Thomas Mergenthaler
Joseph Tse
Joseph Tse
Jan Nellemann
Jan Nellemann
Lutz Roehmeyer
Lutz Roehmeyer
Rita Dhut
Rita Dhut
Joël Kresman
Joël Kresman
Simon Somerville
Simon Somerville
Anne Chaumont
Anne Chaumont
Joachim Tack
Joachim Tack
Bernd Reintgen
Bernd Reintgen
Thomas Perkins
Thomas Perkins
Jeffrey Kautz
Jeffrey Kautz
Dennis Stattman
Dennis Stattman
Gianluca Biggi
Gianluca Biggi
Michael R. Mach
Michael R. Mach
Eric de Puget
Eric de Puget
Allan Liu
Allan Liu
Gustav Rhenman
Gustav Rhenman
Fiona Frick
Fiona Frick
Denis Kostyukovich
Denis Kostyukovich
Laurent del Grande
Laurent del Grande
Magnus Matstoms
Magnus Matstoms
Citywire TV
Play On the Road Challenge: Clay pigeon shooting with Thesis' Lansdowne

On the Road Challenge: Clay pigeon shooting with Thesis' Lansdowne

Eleanor Mahmoud goes clay shooting at the National Clay Shooting Centre with Sam Lansdowne from Thesis Asset Management

Play AA-rated Flood on gov't bonds: 'the maths doesn't add up'

AA-rated Flood on gov't bonds: 'the maths doesn't add up'

He also addresses why his Newton Multi-Asset Income fund has such a high cash weighting and why he sees renewables as such a good opportunity.

Play AAA-rated Ali: Identifying the peripheral European plays

AAA-rated Ali: Identifying the peripheral European plays

Citywire AAA-rated Tawhid Ali thinks that plenty of good stocks in the European periphery are being thrown out with the proverbial bath water.

Read More
Your Business: Cover Star Club

Profile: Brewin's Cardiff boss on the Welsh opportunity

Profile: Brewin's Cardiff boss on the Welsh opportunity

Prior to becoming head of Brewin Dolphin Cardiff, Welshman David Myrddin-Evans had only previously visited the city to watch the rugby.

Wealth Manager on Twitter