Press Release – 10 March 2017
2017 European Funds Trophy:
Dorval Asset Management awarded two trophies:
-
Best European Asset Management Company in the 8 to 15 rated
funds category
-
The Dorval Manageurs Europe fund was awarded Best European
Fund in the Europe Large Cap category with the best risk-adjusted
performance over 4 years
Dorval Asset Management won two awards at the 11th annual 2017 European Funds Trophy
ceremony, organised by Fundclass and several European media groups, presided by Etienne
Schneider, Vice-Prime Minister of Luxembourg, which took place on 9 March 2017 at the Automobile
Club de France.
- Dorval Asset Management has received the Best European Asset Management Company Award (8
to 15 rated funds category)
-The Dorval Manageurs Europe fund was awarded Best European Fund (Europe Large Cap category
/ best risk-adjusted performance over 4 years).
Stéphane Furet, Dorval AM CEO declared: “These two European awards once again vindicate the
pertinence of the Dorval Asset Management team’s investment model and the quality of the DORVAL
MANAGEURS EUROPE fund’s performance over the long term. Over the past eighteen months or so, Dorval
Asset Management has won a dozen distinctions, awarded by renowned specialist media groups and
finance professionals. This 2017 European Funds Trophy is a great recognition of the quality of our fund
management by an independent rating agency and a leading national media group – at the European
level”.
Louis Bert, Dorval AM Deputy CEO and CIO added: “Dorval Asset Management is now an acclaimed player
in the field of flexible strategies and European equities. Our company is currently one of very few, with
investment managers combining two fundamental skills: asset allocation and stock-picking across the
entire market-cap spectrum among listed companies. We believe that these combined skills are an
indispensable factor required to enhance the value of our clients’ wealth over the long term”.
Since 2007, the European Funds Trophy have rewarded the best funds and asset management companies
in Europe. The awards ceremony is organised by the Fundclass ratings agency and several European media
publications; including Le Jeudi and Tageblatt in Luxembourg, La Stampa in Italy, El Pais in Spain and LCI
and l’Opinion in France.
Fundclass is an independent European ratings agency, dedicated exclusively to accrediting ratings to
UCITS commercialised in Europe and the US. The agency attributes a quarterly quantitative rating to funds,
aiming to determine their position compared to their peers in the same risk category. Statistical fund
analysis is based on arbitrage pricing theory (APT) methodology. The results are then checked by a jury of
finance professionals.
Funds corresponding to the 5 following risk profiles are analysed: Europe Large Cap; International Large
Cap; Emerging Markets; Long Terms Bonds; International Opportunist. The awards are attributed on the
basis of risk-adjusted performance over the course of 4 years.
Competing in each category are open-ended funds, valued on a daily basis, without any regional, sector
or investment-style bias. All funds have a track record of at least 5 years and have been ranked over the
past 4 years. The performance taken into consideration for the ranking is calculated in euros on an
annualised basis and risk-adjusted compared to peers (category average). A rating is established based on
the fund’s average positions expressed in deciles compared to peers. No declared benchmark is taken into
account. Only the peer average is used as a reference. A “5-star” rated fund is situated on average in the
first quartile of its category during 12 one-year periods delayed by one quarter. The winners are the “5star” ranked contenders which have delivered the best absolute performance over 4 years.
The Best Asset Management Company award attributed by the European Funds Trophy aims to reward
asset management companies offering the best quality across all categories, after assessing 600
European asset managers offers. Eight categories are defined according to size, based on the number of
rated funds. Awards are given based on the country, in which most of the funds in the range are registered
(ISIN). However, all European funds compete in the ranking at the same time. The scope of countries in
which the funds are commercialised does not affect the determination of the best fund ranking, as
assessing the quality of a managed fund does not depend on the country in which it is commercialised.
References to rankings, ratings or awards are not a guarantee of future results in terms of performances
and may change over time. The funds presented in this document are not available for investment in all
countries.
ABOUT DORVAL ASSET MANAGEMENT
Dorval Asset Management: Flexibility with conviction
Dorval Asset Management is a management company recognised in the areas of flexible wealth
management strategies and stock-picking in European equities. These strategies aim to safely navigate
stock market cycles and to perform in the long term. Approved by the French Financial Markets Authority
(AMF) since 1993, 50.1% of its capital is held by Natixis Asset Management and 49.9% by its employees.
Dorval Asset Management implements conviction-based wealth management, characterised by active
management removed from indices.
With the conviction that a flexible approach is needed to provide high-quality management for its clients in
the current market environment, the management team offers flexible wealth management, reflecting its
corporate DNA. Dorval Asset Management offers a range of seven complementary funds: a European
equities range made up of Dorval Manageurs, Dorval Manageurs Europe, and Dorval Manageurs Small Cap
Euro, and a flexible range made up of Dorval Convictions, Dorval Convictions PEA, Dorval Flexible Monde,
and Dorval Flexible Emergents. Thanks to its partnership with Natixis Asset Management, Dorval Asset
Management’s products and services are marketed by Natixis Global Asset Management’s international
distribution platform and the BPCE Group’s French banking networks. Dorval Asset Management had
€793.2 million in assets under management at 30 September 2016.
> Follow Dorval Asset Management at
ABOUT NATIXIS ASSET MANAGEMENT
Natixis Asset Management ranks among the leading European asset managers1 with more than €360 billion in assets under
management and 697 employees2.Natixis Asset Management offers its clients (institutional investors, companies, private
banks, retail banks and other distribution networks) tailored, innovative and efficient solutions organised into five
investment divisions: Fixed income, European equities, Investment and client solutions, Volatility and structured developed
by Seeyond, Emerging equities developed by Emerise. Natixis Asset Management owns also three subsidiaries asset
managers: Mirova, Dorval Asset Management and H2O Asset Management. Natixis Asset Management’s offer is distributed
through the global distribution platform of Natixis Global Asset Management and Groupe BPCE’s two retail networks,
Banque Populaire and Caisse d’Epargne.
> Further information: www.nam.natixis.com
> Follow Natixis Asset Management on
1
Source : IPE Top 400 Asset Managers 2016 ranked Natixis Asset Management as the 49th largest asset manager based on
global assets under management and by the country of the main headquarters and/or main European domicile, as of 31
December 2015,.
2
Source: Natixis Asset Management – 31/12/2016.
Seeyond is a brand of Natixis Asset Management.
Emerise is a brand of Natixis Asset Management and Natixis Asset Management Asia Limited.
Mirova is a wholly-owned subsidiary of Natixis Asset Management.
Dorval Asset Management is a 50,1% subsidiary of Natixis Asset Management.
H2O Asset Management is a 50,01% subsidiary of Natixis Asset Management.
Press Contact:
Ms Gaelle Guilloux
Tel: +33(1) 44 69 90 45 M: +33(6) 78 43 94 09
Email: [email protected]