Alison Musgrave

KBCAM-Luxembourg is an active manager which invests in equity and fixed-income without following any particular investment style. The firm uses top-down, from macro-decisions towards micro-decisions for their investment process.

KBCFM performs in-house fundamental research and employs a strict risk framework to select investments across market segments and management style. The firm follows a defined decision-making process which first analyzes and drafts forecasts for various financial market segments. Tactical asset allocation follows, translating the forecasts into active positions from which portfolios are constructed. Individual securities are selected to represent various markets in the portfolio. Quantitative models support their decision-making process.

KBCAM-Ireland is a value-oriented manager which employs a core style with a growth tilt. The firm invests globally in equities with the majority of their assets allocated to large- and giant-cap Continental European securities. KBCAM-Ireland's investment team combines a macro/thematic overlay with strong bottom-up stock selection. The firm seeks attractively priced stocks by applying macro-oriented analysis to identify trends and themes in world markets, regions and sectors. They find potential sources of differentiation by isolating where their economic, valuation, and earnings forecasts vary from the general consensus. The firm's in-house fundamental research is complemented by a comprehensive company visit program which aims to identify quality stocks that reflect their preferred regional and sector themes.