[alingtonsky]

ING Invest Global Opportunities è nella lista

Lipper Fund Awards 2010

NETHERLANDS WINNERS LIST dell' 11-2-2010
come miglior azionario internazionale (globale) a 3 anni


http://excellence.thomsonreuters.com...10_2_11_10.pdf


Performance del Fondo |Rendimenti Annuali, Cumulati e Trimestrali |ING (L) Invest Global Opportunities X EUR|ISIN:LU0250170304

FondiOnLine.it

FondiOnLine.it

[risparmier]

M&G Global Growth A inc segnalato per la performance a 10 anni
dai Lipper Fund Awards 2010
Svizzera Winners List

http://excellence.thomsonreuters.com..._11-Feb-10.pdf


Fondi, ETF, Rendimenti, Performance, NAV |Fondi Italiani|M&G Global Growth A EUR Acc|ISIN:GB0030938145

M&G Italia - Fondi e quotazioni - Descrizione dei fondi - Global Growth Fund

http://www.milanofinanza.it/quotazio...th%20Fd%20%20A

FondiOnLine.it

[risparmier]

19 March 2010

Picking a specific route to gain exposure to the oil industry has paid off for Franklin Templeton global equity manager Don Huber.
The technological and infrastructure advancements required for the continued exploitation of dwindling oil reserves has been the focus for his fund’s energy holdings.
Huber runs the Franklin Global Growth fund as well as the Franklin Templeton Global Growth and Value fund. For the Global Growth portfolio his three energy holdings were among his best performing stocks in 2009. The companies, which include Australian-based Worley Parsons and Italian run Saipem, offer sophisticated technology to the oil and gas industry in areas such as deep water oil exploration and production.
He believes the stocks offer attractive leverage and have sound growth models which make for good investment strategies. ‘The new technology being created by these companies allows for new production methods to be used,’ says Huber. ‘For example, in the Canadian oil sands, they have helped excavate as of yet untapped oil reserves.’
‘We thought the sell-off of stock in the oil industry was overdone in 2008 and we then saw a rise the following year. The oil price rebounded and many investors realised that activity would pick-up in the long term.’
The fund also has positions in the Chinese market, albeit focused more on the retail sector, and one its best performing stocks is the Chinese retail production company Li Fung. Huber has high hopes for it in the long term as the retailer has recently entered a joint venture with American retail behemoth Wal-Mart to produce goods sold under its proprietary brands.
‘We recognise there is strong growth coming from China and we would look very closely at another name if we had got an idea of another driving force behind the Chinese consumer market.
‘In the long term I think it’s still got strong secular growth.’
...

http://www.citywire.co.uk/selector/-...=388947&Page=2


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Fondi, ETF, Rendimenti, Performance, NAV |Fondi Italiani|Franklin Global Growth A Acc $|ISIN:LU0122613069

Bluerating.com ? Fondi, Fondi pensione, Fondi Hedge, Fondi Assicurativi, ETF e Certificati Tutto in un click - Bluerating.com ? Fondi, Fondi pensione, Fondi Hedge, Fondi Assicurativi, ETF e Certificati Tutto in un click

[alingtonsky]

schede sui fund managers di ING (L) Invest Global Opportunities

Tycho van Wijk

Tycho van Wijk Fund Manager Factsheet | Fund Selector | Citywire

e Dirk-Jan Verzuu

Dirk-Jan Verzuu Fund Manager Factsheet | Fund Selector | Citywire

[alingtonsky]

JPMorgan Global Focus

Performance del Fondo |Rendimenti Annuali, Cumulati e Trimestrali |JPM Global Focus A (dist)-EUR|ISIN:LU0168341575

Bluerating.com ? Fondi, Fondi pensione, Fondi Hedge, Fondi Assicurativi, ETF e Certificati Tutto in un click - Bluerating.com ? Fondi, Fondi pensione, Fondi Hedge, Fondi Assicurativi, ETF e Certificati Tutto in un click

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J.P. Morgan Asset Management | Interactive Factsheet | Global Focus Fund | LU0210534227

http://www.jpmorganassetmanagement.i...reclassID=6168

profilo del fund manager Jeroen Huysinga

Jeroen Huysinga Fund Manager Factsheet | Fund Selector | Citywire

JPM Global Focus A Dist EUR Fund Factsheet | Fund Selector | Citywire

[risparmier]

Franklin World Perspectives A

Fondi, ETF, Rendimenti, Performance, NAV |Fondi Italiani|Franklin World Perspectives A Acc $|ISIN:LU0390134368

Performance del Fondo |Rendimenti Annuali, Cumulati e Trimestrali |Franklin World Perspectives A Acc ?|ISIN:LU0390134954
http://www.franklintempleton.com.sg/documents/general/whatsnew/factsheets/rfwpf.pdf

FRANKLIN WORLD PERSPECTIVES A (ACC) USD Quotazioni tempo reale - LU0390134368 - Quotazioni, Fondi, Sicav, Etf, Tfr, Pensioni, Previdenza - Milano Finanza Interactive Edition

Franklin World Perspectives A Acc. al 27/5/2010 +11,99% da inizio anno
+37,96% in un anno

FondiOnLine.it

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[alingtonsky]

CS EF (Lux) Global Value B

27-5-'10 : a 1 Anno + 44,75%

Fondi, ETF, Rendimenti, Performance, NAV |Fondi Italiani|CS EF (Lux) Global Value B|ISIN:LU0129338272

CS EF (Lux) Global Value B EUR - LaStampa.it

https://www.sella.it/banca/fondi/prodotti/prodotti_societa_collocate_crs.jsp

http://it.csam.com/it/daily_prices/daily_prices.asp?f_fc=70&f_tf5=11&f_pc=791&f_cc=54 66&f_lc=4&f_ac=5401&f_ctc=5486&TopicID=192

Trachsel , il fund manager di CS Global Value € , ha ottenuto la tripla A di Citywire , che valuta i gestori assegnando AAA come massimo.

Gregor Trachsel Fund Manager Factsheet | Fund Selector | Citywire

http://it.csam.com/it/daily_prices/d...86&TopicID=192

[risparmier]

Oct 21, 2010 at 08:46

"....

As part of our latest review, we have canvassed the opinions of some of the top managers we back. Here, Graham French explains his latest thoughts and explains how the fund is positioned.

Citywire Selection Verdict: The approach of this fund invovles investing in Western companies tapping into emerging market growth. It is more volatile than its peers, but the attractive rewards and continued outperformance by fund manager Graham French make this a star pick.

Can you give an overview of your style and the approach used for managing the fund?
In short, the M&G Global Basics fund represents a straightforward, thematic approach to investing in asset-rich companies that are benefiting from long-term growth worldwide. It’s a long-only, bottom-up approach whose simplicity and multi-year investment horizon stand out from the complexity and short-termism that are increasingly prevalent in our industry. Valuation and in-depth company analysis are fundamental to everything we do, so we concentrate on investing in cash-generative, capably-managed companies with strong long-term growth prospects that are under-appreciated by the broader market.

You’re ahead of the composite index during year to date. What areas in particular added value?

Fund holdings across a range of sectors have made strong contributions to performance this year. For example, Singapore-based property and beverages conglomerate Fraser & Neave, Australian rubber products manufacturer Ansell and Yum! Brands (owner of KFC and Pizza Hut) have all been successful investments, supported by the dynamic that changing consumer tastes and spending patterns in emerging markets are transforming the returns of companies that are well-positioned in these markets. In the mining sector, a particularly strong contribution also came from Australian mineral sands producer Iluka Resources.

What potential do you see in the asset class given the approach you have?

I believe strongly that an indirect, stock-specific approach to investing in faster-growing parts of the world still offers exceptional opportunities for long-term equity investors. A range of countries throughout Asia, Latin America, the Middle East and Africa are going through a multi-decade revolution as economic power continues to shift from the more developed West to the developing East. Rising wealth as a result of urbanisation and industrialisation is helping to establish an increasingly affluent middle class whose consumers are willing to spend more to improve their quality of life. Companies that understand this shift and are positioning themselves accordingly should be the winners over the next decade and beyond. Our flexibility to manage the portfolio’s exposure to these different areas has provided the invaluable capacity to take a valuation-driven, ‘best ideas’ approach to thematic investing, instead of being constrained to one sector, theme or country, an advantage that differentiates us from many of our competitors.

You were ahead of the curve in terms of investing in western companies tapping into emerging market growth. Now everyone seems to be talking about it. Has this impacted valuations giving you less attractive opportunities than in the past ?

Certainly investors have to a degree woken up to the opportunities represented by our long-established ‘indirect’ route to investing in emerging markets, so valuations for some of the more obvious beneficiaries now reflect this. As always, however, we take a stock-specific stance and we can still find many well-positioned companies whose ‘option value’ remains unrecognised, as many hundreds of millions of new customers start to use their products and services. In addition, we are not limited to an ‘indirect’ approach, although this remains the main focus of the fund: as certain companies in these emerging regions evolve in terms of their improving governance standards, we are becoming more comfortable in investing part of the fund directly, working with my colleagues at M&G who have had much success in this area.

What areas are showing most value and how are you positioning the fund at a stock / sector level to exploit this?

My strategy for the fund has continued to involve a gradual shift up the ‘curve of economic development’ into a range of companies that are well positioned to benefit from the powerful cultural and demographic shifts taking place in the global economy. These include the long-term growth of infrastructural development in industrialising economies throughout the developing world, and the rising wealth of their increasingly urbanised populations. While there remain a number of exceptional commodities-related companies whose potential for growth is under-appreciated by investors, increasingly we are finding the most interesting opportunities further up the ‘curve’ among companies that are positioned to benefit from the next leg of the emerging markets growth story.

You have been changing the portfolio recently and making it more defensive. What are the reasons for this and are you looking at further investments in gold stocks?

We do have a relatively cautious view of the current outlook, but my responsibility as a fund manager is to manage a portfolio of successful long-term investments across a range of areas so I try to move away from thinking about things purely in terms of cyclicals and defensives. Over the past six months or so, we have indeed been taking profits from certain economically sensitive holdings that had rallied very sharply from their 2009 lows, and we have been reinvesting the proceeds in a range of more attractively valued businesses that should benefit from the long-term dynamics described above. Some of these newer holdings have been defensive in nature (eg, selected cash-generative international consumer staples businesses), but not all of them. We have been adding to certain mining companies, including in the gold sector, an industry that has begun to demonstrate a genuine focus on shareholder returns for the first time in many years.

Macro data is currently giving mixed signals. How do you take this on board when selecting stocks?

While macro-economic factors should of course be taken into consideration when analysing companies, I do not take a macro view when constructing the portfolio. Of greater relevance are the powerful thematic and demographic forces at work in the world today, as economic power continues to shift inexorably from the developed world towards the developing economies of Asia, Latin America and the Middle East.
However compelling the thematic drivers, though, a focus on company fundamentals remains the crucial factor when considering potential investments. Undervalued assets, returns-focused management teams and strong adherence to corporate governance practices are prerequisites for companies held in the fund.

If we are faced with anaemic growth and challenging conditions over the next three to five years, can investors in this strategy expect returns ahead of inflation over that period?

I try to avoid making forecasts but I am optimistic about the fund’s future. I believe that, irrespective of headline numbers for the overall economy, there are parts of the world that will continue to show robust growth. Companies that are well positioned for these developments, whether they are listed in developed or developing markets, should prosper even in an environment of anaemic growth for the global economy as a whole.
I am confident that by consistently applying our long-term investment approach, irrespective of shorter-term swings in sentiment, the fund will continue to reward its investors.

M&G star Graham French answers Citywire's questions - New Model Adviser Edition - Citywire


Bing Translator

[alingtonsky]

Un' intervista a Gregor Trachsel gestore del fondo CS Global Value B € ( al 10/11/2010 da inizio anno +18,35% )


October 14, 2010 at 15:22

Citywire AA-rated Gregor Trachsel, manager of the Credit Suisse Equity (Lux) Global Value fund reveals why he’s backing the US, why analogue rules over digital in the media and how he is avoiding European value-traps.
As a bottom-up stock picker Trachsel puts little emphasis on regional allocations, choosing instead to limit the scope of his analysis to company fundamentals, however he does concede that the recent concerns over the state of the US economy are unwarranted, he said,
‘The US is not a cause for concern from an investment point of view, it is home to the very best academics and practitioners in the world, who are able to evaluate and manage the factors that drive corporate value. US expertise in the areas of finance, entrepreneurship and management is rooted in culture and hence has a long life span, so there is no reason to assume that the competitive benefits derived from this vast know-how are at risk in the near future.’
In contrast, he is less enthusiastic on future European equity prospects saying that regardless of the ultimate outcome of the sovereign debt crisis, it can be a challenge to find compelling new investments in the region,
‘On the one hand, there are many excellent firms domiciled here [Europe]. Unfortunately, this fact makes most of them unattractive to us in price-to-value terms,' he said. 'On the other hand, there are lots of companies which we deem to be either ‘value traps’ or which do not fall within our circle of competence. So overall, with the exception of in Italy and Switzerland where we have ownership in a number of companies, Europe is a minor investment region for us.’
With a knack for uncovering little-known companies at discount prices, Trachsel’s quest for value leads him to sectors and regions with ‘uninspiring growth rates’ and to companies which are in the process of cutting back capacity, after over-investment in the past. He also favours conglomerates, family-controlled companies and small companies with a limited willingness or ability to expand the balance sheet.
If ever there was a stock to encapsulate Trachsel’s overlooked and undervalued ethos it is within the media industry. As these companies move from using old analogue technologies to new digital ones, it would be logical to assume that the biggest growth would be found in those companies that are embracing new media but Trachsel argues to the contrary.
‘In the case of old media, it has been written off by the investment community at large, reflecting the belief that ‘new media’ will make it obsolete. We try to take a different perspective. Traditional media businesses are in the midst of adjusting their business models and pricing mechanisms to cope with the new world, involving a lot of trial and error. This requires significant time and resources, but it will yield constructive results for some firms. Hence, in our view, there are a select number of traditional media businesses that will fare decidedly better in the future than their current stock prices imply.’
Since launch in April 2008, the Credit Suisse Equity (Lux) Global Value fund has returned 17.6% in euro terms, a significant outperformance of the MSCI World index which has fallen 4.4% in the same period.

Star value manager backs 'old media' and avoids European value traps - Citywire

Google Traduttore

Credit Suisse Equity Fund (Lux) Global Value B - Finanza - Virgilio Economia

FondiOnLine.it

[alingtonsky]

CS EF (LUX) GLOBAL VALUE B € al AL 29-12-10 nel 2010 +31,31%
in 3 anni +18,90%

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http://finanza.economia.virgilio.it/fondi/credit-suisse-equity-fund-lux-global-value-b_FC.F0GBR04MJH.html