OUR PROCESS

Philippe Hottinguer Gestion offers institutional investors tailored solutions and advises them in the allocation and management of their assets, taking into account their regulatory and tax constraints.

Our mission is to invest responsibly in order to create sustainable value for all stakeholders. Our proprietary investment approach is based on a discretionary investment process (known as “Abacus”) aimed at delivering the best risk-adjusted performance. It is based on a “buy and hold” approach and incorporates a comprehensive ESG strategy.

Our management demonstrates flexibility, responsiveness and creativity in anticipating new challenges in a constantly changing world.

Edwin Faure, Chief Investment Officer

Our management philosophy

CONVICTION MANAGEMENT

Fundamental management
Long-term superior performance
Independent of market indices

RISK MANAGEMENT

Risk management :
Financial
Extra-financial
Market (volatility, drawdowns)

GSE INTEGRATION

Anticipating changes
Identifying opportunities
Focus on positive impact

PROXIMITY TO MANAGEMENT

Meeting with management
Maintaining dialogue
Constructive and regular exchange

Our process

Analysis of quantitative criteria

The first quantitative filter serves as an initial guide in our portfolio construction. It includes performance and defensive criteria. At this stage, our management team mainly analyses the criteria of price and volume growth, volatility and beta. This filter allows us to rank the companies in the universe according to these criteria, and then to focus our field of vision on those that best meet them.

Fundamental analysis of stocks

Fundamental analysis has two main components, macroeconomic analysis and specific, quantitative and qualitative analysis and meetings with management. It is essential for an intrinsic understanding of the company, its business model and the strength of its financial outlook.

The main growth areas, long-term trends and short-term momentum are analysed.

Specific stock analysis includes quantitative and qualitative analysis to capture criteria such as organic growth, operating leverage, barrier to entry, operating margins, valuation metrics or return on equity, etc.

Extra-financial analysis of stocks

Thus, at the third stage of our process, we conduct an in-depth extra-financial analysis, including an in-depth ESG analysis, an SDO analysis, controversy analysis and engagement.

As part of the portfolio construction, management and monitoring, an in-depth ESG analysis is specific to each individual company. It takes into account 120 quantitative and qualitative criteria and adopts a more contextualised and targeted approach.

We attach great importance to the development of proprietary models built on our expertise to provide tangible added value in the selection of portfolio securities. Our ESG analysis models respect this principle and aim to offer a rating that we control as a whole.

Building and monitoring the portfolio

The final step in the Abacus process is to construct and monitor the portfolio in order to optimise the risk/return trade-off. Portfolio construction, control and monitoring are performed according to performance and risk criteria, such as valuation potential, company risk and/or market risk.

If a controversy arises regarding an already invested company, the controversy monitoring and management protocol is triggered. The management team analyses the severity, potential and scale of the potential negative impact. The management director is informed and a decision is made as to whether the company should remain in the fund, be placed on watch or be excluded.

Our proactive management

Meeting with management

+700 meetings over 1 year in 1-to-1 or 1-to-Few with management

Contribution to the financing of the economy

IPO and capital increases

Share price trading

Positive contribution to post-IPO performance, block price trading, ACAs and IPOs

Back To Top

Please read the following regulatory information carefully before consulting the Philippe Hottinguer Gestion (hereafter PHG) website.

This site is not intended for use by persons in countries where, by reason of the nationality of the persons, their place of residence or for any other reason, the distribution of or access to this site is prohibited. Access to the information presenting PHG's various products, funds and services may be restricted or prohibited by the laws or regulations applicable to visitors to the site, especially the laws of the country from which they are visiting the website. It is the visitor's responsibility to obtain information and to comply with all applicable laws and regulations. The potential financial products presented are not registered under US federal securities laws or any other laws applicable in the states, territories and possessions of the United States of America. Consequently, no PHG financial product may be marketed directly or indirectly in the United States (including its territories and possessions) and to or for the benefit of residents and citizens of the United States of America and "U.S. Persons". This restriction also applies to residents and citizens of the United States of America and "U.S. Persons" who may view or have access to this information. The information on the PHG website is provided for information purposes only and has no pre-contractual or contractual value. They may be modified without prior notice in accordance with applicable regulations. They may not be used for any purpose other than that for which they were conceived and they may not be reproduced or transmitted, in whole or in part, without the prior written authorisation of PHG, which may not be held liable for any use that may be made of these elements by a third party. The information contained in this site must under no circumstances be interpreted as an offer to buy or sell shares or units in a fund and is under no circumstances intended for a country in which such an offer, sale or recommendation is prohibited.

For further information, please refer to the various fund prospectuses available from PHG or the GECO database published by the Autorité des Marchés Financiers (AMF). Investments are subject to a risk of capital loss. Past performance is no guarantee of future performance and is not constant over time.

PHG also informs investors that it cannot be held responsible for any investment decision made or not made solely on the basis of the information contained on its website.

Philippe Hottinguer Gestion is an asset management company approved by the AMF under number GP-11000021.