Evli Hannibal has been named Rising Star (Årets uppstickare) by Privata Affärer in Sweden. The award is presented to funds that have demonstrated strong performance over time and highlights Evli Hannibal’s clear investment model, focused portfolio and strong development during a year in which Europe has made a comeback.
The jury of Privata Affärer emphasizes the fund’s ability to generate returns through a distinct and consistent strategy in a changing market environment.
"Evli Hannibal delivers with a clearly defined proprietary model and strong convictions in a year when Europe has rebounded. We see clear investment themes in a focused portfolio with exciting, fundamentally driven cases", the jury states in its motivation.
Contrarian value investing in European equities
Evli Hannibal is an equity fund investing in European companies across several sectors. The fund is managed by Petter Langenskiöld and Henrik Kyynäräinen and has a strong focus on value investing. The managers seek companies where market expectations are considered low relative to the companies’ long-term potential and historical performance, and where valuations at the time of investment deviate clearly from historical levels.
When markets see problems, Evli Hannibal seeks opportunities. For nearly 20 years, Petter Langenskiöld has consistently searched for value where others are not looking. Recent years have provided clear evidence of how a disciplined and contrarian strategy can create long-term value for investors.
Hannibal’s investment philosophy is simple – but not easy:
- Identify companies with genuine value during market downturns and crises, based on balance sheets, history or cash flow
- Buy when the market’s focus lies elsewhere
- Maintain conviction even when the market disagrees
"We look for European equities whose valuation at the time of investment is low in absolute terms and clearly below historical levels", says Petter Langenskiöld, Portfolio Manager of Evli Hannibal.
Martin Rahmqvist from Evli. Photo: Pax Engström Nyström
The award winners. Photo: Pax Engström Nyström
Additional information:
Petter Langenskiöld, Portfolio Manager, Evli Fund Management Company Ltd
tel. +358 50 563 8933, petter.langenskiold@evli.com
This article provides general product information and is marketing communication. Historical returns are no guarantee of future returns. The value of an investment may rise and fall and the investor may lose some or all of the capital invested. The contents of this article should not be considered as investment advice and should not be relied upon in making an investment decision. Before making an investment decision, you should consult the fund's legal documents, such as the fund rules, the key investor document and the fund prospectus. The statutory documents and additional information of the funds are available on the product-specific pages and on www.evli.com/funds.
