Memnon European Opportunities Strategy

European Small and Mid Caps

Available as:
UCITS Fund Managed Account

Investment Objective

We think the Memnon Opportunities strategy can meaningfully outperform the European market thanks to our valuation driven process and opportunistic approach. Key to this long-term performance ambition is our flexibility to invest in small and mid-cap ideas.

Process

Zadig relies on a hands-on research approach. We build our own valuation models, meet with management of companies. Our process is bottom up and valuation driven; we never invest if we cannot justify a disproportionate upside for a reasonable amount of risk.

We think there is a comfort bias in the market, and investors overpay for perceived safety.

Mid-Caps is an area of the European Equity market where stock picking opportunities are the highest, especially in volatile and uncertain times. Current low interest rates make discounted small and mid-caps ideal M&A targets.

Why Invest in Memnon European Opportunities?

Concentrated on high conviction Mid-caps. Portfolio concentrated on a handful of high convictions where returns expectations are very high. Typically <20 positions.

Risk management. While the portfolio is concentrated on Zadig’s very best Small and Mid-caps ideas, efforts are made to avoid industry overlap between positions in the portfolio to maximise the benefit of diversification.

Portfolio Characteristics

  • Market Caps:    Small and Mid
  • Number of investments:    < 20

Fund Managers

Vincent Steenman
Vincent Steenman

Co Head - Memnon Opportunities

Francesco Rustici
Francesco Rustici

Co Head - Memnon Opportunities

Want to know more?

Zadig is committed to a high level of transparency with existing and potential investors. We rely on data to illustrate our investment philosophy and on the human touch to discuss and answer questions.