Olivier Dambrine - April 12, 2015
What an exceptional first quarter it was. Most European indices
increased by double digit figures spurred by the ECB’s stimulus
program, which is driving down the value of the Euro and
making European companies more competitive globally. The
STOXX 600 is now 16% higher compared to the start of the
year. Our European portfolio showed a positive alpha of 5.7,
finishing the quarter with a gain of 21...[more]
Olivier Dambrine - March 15, 2015

A few weeks ago we took some important steps to improve our database. We switched from the Thomson Reuters Business Classification scheme (TRBC) to the Global Industry Classification scheme (GICS). While this change required a significant effort to adjust all screeners, it increased the number of stocks from 22.700 to just over 24...[more]
Olivier Dambrine - March 10, 2015
The STOXX 600 moved up from a gain of 8,7% in January to
14,5%. Our portfolio performed even better in February and showed a
gain of 19,7%, an increase of 1030 basis points compared to
the previous month. This is one of the best starts of the year
since we started this portfolio 5 years ago. This growth was
supported by a majority of holdings with a few stars sticking
out. The North American portfolio showed a smaller return of
4,2%, but this still beats the S&P, which stands at 2,2%...[more]
Olivier Dambrine - February 9, 2015
The European markets got off to a very strong start in 2015. On
the 22nd of January, the ECB announced that it’s bringing out
the big guns to reverse the continent’s slide into economic
stagnation. From March 2015 onwards, it will will buy €60
billion of assets - including government, institutional and
private sector bonds - and will do so until at least September
2016. With these extreme measures it hopes to get the
eurozone growing again and increase inflation - which is
currently negative - to its target of 2%.
This decision had a significantly positive impact on the
European stock markets, with the STOXX600 increasing 8...[more]