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PRESS RELEASE
New equities fund invests in listed European family businesses
Luxembourg, 22 November 2016 – Persistently low interest rates, the resulting quest for yield
and control of risks are the main concerns for investors seeking to invest in equities. Against
this backdrop, BLI - Banque de Luxembourg Investments S.A. will launch the BL-European
Family Businesses fund, a new equities fund that invests in around 60 listed European family
businesses.
The current economic and financial situation is changing investment habits. An environment of
persistently low interest rates, the resulting quest for yield and control of risks are the main concerns
for investors seeking to invest in equities. Against this backdrop, Luxembourg-based asset
management company BLI - Banque de Luxembourg Investments has decided to launch a new
equities fund, the BL-European Family Businesses fund. The sub-fund is composed of around 60
listed European family businesses, rigorously selected according to strict criteria: a clear competitive
advantage, strong profitability, a value-creating business strategy and attractive valuation.
A distinctive management approach
"One distinguishing characteristic of family businesses is that they are not driven by short-term
financial objectives. Because of the family’s commitment to the next generation, the company naturally
develops a long-term strategy with an underlying desire for continuity and resilience over time. Of
course, growth and performance are also important, but these goals are balanced by socio-economic
values that can strengthen the organisation and its position in the market,” says fund manager Ivan
Bouillot, who is also fund manager for the BL-Equities Europe fund since 2004.
“Family business leaders are also able to steer the company’s strategy and shape the corporate
culture through the values they advocate, their passion for their profession and their social
commitment. It was during meetings with family business owners that we began to appreciate the
added value of businesses managed by families, and the idea of developing this family business fund
project grew from there.”
About BLI - Banque de Luxembourg Investments S.A.
BLI - Banque de Luxembourg Investments S.A. is the independent asset management company of Banque de Luxembourg,
which houses the bank’s expertise in fund management, analysis and securities selection. BLI manages and distributes a
range of nearly 30 investment funds with focus on wealth management funds in the following countries: Luxembourg,
Belgium, France, Netherlands, Germany, Austria, Switzerland, United Kingdom, Spain, Italy, Denmark, Sweden, Norway,
Finland and Singapore. Assets under management were 10.69 billion EUR on 31/10/2016.
For more than 90 years, Banque de Luxembourg has been a key player in wealth management in the Grand Duchy of
Luxembourg. The private bank has more than 800 employers and is specialised in the areas wealth management, private
banking and philanthropy.
More information
Websites

www.bli.lu

www.blinvestmentsblog.com/eng

www.banquedeluxembourg.com
Press contact

Mike Thomé
Tel: (+352) 26 26 99 - 32 84
Social Media

http://twitter.com/blinvestmentsen

https://www.linkedin.com/company/banque-deluxembourg-investments
e-mail: [email protected]
The BL-European Family Businesses fund invests in European equities, regardless of market
capitalisation. We define a company as a family business if at least 25% of its equity is owned by the
person or family that founded the company or acquired the company’s capital, if the family has an
active role in the company as a manager or a board member, and if there is a desire to preserve the
company as part of the family’s wealth.
Continuity in our development
“With this new fund, we continue to apply our proven investment strategy, which involves selecting
quality companies and taking an interest in their long-term development”, explains Head of Sales, Lutz
Overlack. “Our strategy focuses mainly on manufacturers of personal and household goods, food and
beverages and companies in the industrial, healthcare, chemistry and technology sectors.” Banking
and insurance, capital-intensive industries, commodities and telecommunication companies are
excluded from all the funds in the BL funds range.
BL-European Family Businesses fund: Key data
Fund manager:
Ivan Bouillot
Inception date:
7 December 2016
ISIN codes:
LU1305479153 (share class B, EUR)
LU1305479070 (share class A, EUR)
LU1305479237 (share class B, USD hedged)
Subscription fee:
max. 5%
Management fee:
1.25% p.a.
Distribution countries: Luxembourg, Austria, Belgium, Denmark, Germany, Great Britain, Finland,
France, Italy, Netherlands, Norway, Sweden, Switzerland, Singapore, Spain.
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About BLI - Banque de Luxembourg Investments S.A.
BLI - Banque de Luxembourg Investments S.A. is the independent asset management company of Banque de Luxembourg,
which houses the bank’s expertise in fund management, analysis and securities selection. BLI manages and distributes a
range of nearly 30 investment funds with focus on wealth management funds in the following countries: Luxembourg,
Belgium, France, Netherlands, Germany, Austria, Switzerland, United Kingdom, Spain, Italy, Denmark, Sweden, Norway,
Finland and Singapore. Assets under management were 10.69 billion EUR on 31/10/2016.
For more than 90 years, Banque de Luxembourg has been a key player in wealth management in the Grand Duchy of
Luxembourg. The private bank has more than 800 employers and is specialised in the areas wealth management, private
banking and philanthropy.
More information
Websites

www.bli.lu

www.blinvestmentsblog.com/eng

www.banquedeluxembourg.com
Press contact

Mike Thomé
Tel: (+352) 26 26 99 - 32 84
Social Media

http://twitter.com/blinvestmentsen

https://www.linkedin.com/company/banque-deluxembourg-investments
e-mail: [email protected]