Financial Market Analyses BLI - Banque de Luxembourg Investments
Brief comment on the recent market turbulences
BLI - Banque de Luxembourg Investments’ chief investment officer Guy Wagner has published a brief comment on the recent market turbulences.
Investment strategy 2018
As the saying goes: “To know where you're going, you need to know where you are.” So where exactly are the financial markets as we start this new year? To say the least, equity markets enjoyed an excellent performance in 2017. It is hard to think of an index that did not increase by at least 10% in local currency. ...
Winning Strategies for European “Small Caps”
Our investment methodology places paramount importance on a company's competitive advantages. One of the tools used to evaluate these advantages is the Five Forces model developed by the American economist, Michael Porter.
Investing in the “Sweet Spot” of the US market
The market for smaller companies in the US is roughly the same size as the entire European equity market. Yet, it is often falsely overlooked by investors although mid-caps show the best historical risk-adjusted return profile. We believe they deserve to play a more significant role in investors’ portfolios.
A ratio is worth a thousand words
Strong sales or earnings per share growth, consensus beat, attractive dividends, regular share buybacks, big mergers & acquisitions, ... Numerous companies, investors and journalists use all sorts of proofs of value creation. However only one measurement exists: the return on capital employed (compared to the cost ...
BL-Equities Dividend: a look back, 10 years after launch
The BL-Equities Dividend subfund celebrates its 10th anniversary. The fund’s objective is to achieve long-term capital growth by investing in high-quality companies, while offering a dividend yield higher than the broad equity market. Interview with the two fund managers, Guy Wagner and Jérémie Fastnacht.
10th anniversary of BL-Emerging Markets – Interview with fund manager Marc Erpelding
BL-Emerging Markets is celebrating its 10th anniversary. Launched at almost the worst time possible, the fund has successfully navigated the ups and downs of emerging markets by sticking to a clear investment methodology.
The profile of family business is an excellent fit with our investment approach
In the current economic and financial context, marked by excessive government debt and historically low interest rates, it is difficult to find investment solutions that offer attractive long-term return expectations with limited risks. It therefore makes sense to focus on the shares of high-quality companies ...
Swiss award winner Steve Glod: how to tackle Abenomics in a Japan portfolio
After being singled out at Citywire Switzerland Awards 2017 for BL-Equities Japan fund in the category “Equities Japan”, the UK financial magazine Citywire has interviewed manager Steve Glod how he searches for the best investment ideas in his portfolio.