KBL European Private Bankers’ (KBL epb) Flagship Fund registered a 12-month return of 10.10 per cent as of 31 December 2013, outperforming the average of comparable peers.
The fund is an actively managed fund that determines equity exposure based on “confirmed” trend indicators and other key criteria.
Combining a conviction-based asset allocation strategy with the selection of leading in-house and third-party fund managers, the euro-denominated Flagship Fund was launched in January 2012.
“Today, with nearly EUR400m under management, the Flagship Fund is clearly poised for continued expansion,” says Stefan Van Geyt, group chief investment officer, KBL epb. “By adhering to our disciplined investment strategy, executed by our team of KBL epb experts – located here in Luxembourg and across Europe – we will continue to target long-term growth opportunities, meeting the requirements of our clients and enhancing our reputation as trusted advisors and investors.”
As of 31 December 2013, 68 per cent of Flagship Fund assets were allocated in equities – reflecting bullish market trends – with the balance divided between bonds and cash. Geographically, as of the same date, the majority of fund assets were allocated in Europe and the US.