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
Long-term superior performance
Independent of market indices
Risk management :
Market (volatility, drawdowns)
Focus on positive impact
PROXIMITY TO MANAGEMENT
Meeting with management
Constructive and regular exchange
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.