Our investment philosophy and what our portfolios look like

The aim of these guidelines is to give you a better understanding of our investment philosophy and thinking. We want you to understand the nuts and bolts of our approach and decide for yourself whether you would like to join us on our journey of investing in world-class businesses, with strong moats and structural growth drivers.

Frequently asked questions about our approach:

  1. Why long-term investing?
  2. What is a quality company?
  3. What kind of growth do we target?
  4. Why is a low debt burden important?
  5. How do we look at management teams?
  6. How do we engage with management?
  7. How are ESG factors integrated?
  8. What is important when looking at valuation?
  9. How do we construct our portfolios?
  10. How do we think about risk?
  11. Why do we invest across the entire market cap range?
  12. How do we work?

We provide answers to these questions here.

Authors

Matthias Born

Matthias Born is the head of Berenberg's equity fund management since 2017 and is also Head of Investments at Germany's oldest private bank since 2019. He is responsible for the investment platform in the Wealth & Asset Management division and in his Equities role he built up a team of specialists for European and Global Equities, with strong expertise in the Small Caps segment. The growth-oriented equity funds Berenberg European Focus Fund and Berenberg Eurozone Focus Fund are under his leadership and have clearly outperformed the benchmark since their launch. He started his career in 2001 at Allianz Global Investors (AGI), where he managed portfolios for European small caps, European growth stocks and German equities from 2002 to 2017. He has grown two very successful equity franchises over the 16 years at AGI. Matthias Born has an excellent track record over almost two decades in these segments and has received several awards for his outstanding and consistent performance. He studied at the University of Wuerzburg and holds a degree in Business Administration.

Head of Investments and CIO Equities
Justus Schirmacher

Justus Schirmacher has been portfolio manager at Berenberg since January 2019. He began his career in 2014 with Goldman Sachs as an equity analyst in the European Autos Team. Before joining Berenberg, Justus Schirmacher worked in the GS SUSTAIN team. The focus here was identifying cross-sector companies with successful and sustainable business models that have strong competitive advantages and benefit from structural growth. Justus Schirmacher studied history at the University of Cambridge.

Portfolio Manager
Kay Eichhorn-Schott

Kay Eichhorn-Schott has been a portfolio manager at Berenberg since October 2017. Kay started his professional career in October 2015 when he joined Berenberg’s international graduate programme and worked in the Wealth and Asset Management division in London. Kay holds a BSc in Business Administration and a MSc in Finance and studied at EBS Business School, Germany, University of Bath, UK, and Texas A&M University, USA. In addition, he is a CFA charterholder.

Portfolio Manager

Suitable investment solutions

Equities

We offer funds with convincing track records and top ratings. All of our equity investments are based on comprehensive analyses and close interaction with members of these companies’ top management. In doing so, we consider ESG issues to be an essential part of our approach.

Fundname
ISIN | WKN:
Performance
1 year
Volatility
1 year
NAV

Berenberg Global Focus Fund R A

LU1900076933 | A2N73B
Date: 28.09.2022
ISIN: LU1900076933
WKN: A2N73B
Performance 1 year: -28.54%
Volatility 1 year: 24.82%
NAV: 141.60 EUR

Berenberg Sustainable World Equities R A

LU1878855581 | A2N6AL
Date: 28.09.2022
ISIN: LU1878855581
WKN: A2N6AL
Performance 1 year: -29.13%
Volatility 1 year: 22.61%
NAV: 137.40 EUR

Berenberg Aktien Global Plus R A

DE000A0MWKG3 | A0MWKG
Date: 28.09.2022
ISIN: DE000A0MWKG3
WKN: A0MWKG
Performance 1 year: -25.70%
Volatility 1 year: 17.87%
NAV: 63.04 EUR

Berenberg Aktien Global Plus R D

DE000A0RC5G8 | A0RC5G
Date: 28.09.2022
ISIN: DE000A0RC5G8
WKN: A0RC5G
Performance 1 year: -25.69%
Volatility 1 year: 17.86%
NAV: 92.12 EUR

Berenberg European Focus Fund R A

LU1637618155 | A2DVP7
Date: 28.09.2022
ISIN: LU1637618155
WKN: A2DVP7
Performance 1 year: -34.02%
Volatility 1 year: 26.56%
NAV: 122.43 EUR

Berenberg Eurozone Focus Fund R A

LU1637618403 | A2DVQG
Date: 28.09.2022
ISIN: LU1637618403
WKN: A2DVQG
Performance 1 year: -30.45%
Volatility 1 year: 25.38%
NAV: 122.61 EUR

Berenberg Aktien Mittelstand R A

DE000A14XN59 | A14XN5
Date: 28.09.2022
ISIN: DE000A14XN59
WKN: A14XN5
Performance 1 year: -41.95%
Volatility 1 year: 24.99%
NAV: 121.82 EUR

Berenberg Aktien Deutschland R A

LU0146485932 | 542188
Date: 28.09.2022
ISIN: LU0146485932
WKN: 542188
Performance 1 year: -33.28%
Volatility 1 year: 26.16%
NAV: 72.53 EUR

Berenberg European Micro Cap R

LU1637618742 | A2DVQA
Date: 28.09.2022
ISIN: LU1637618742
WKN: A2DVQA
Performance 1 year: -37.36%
Volatility 1 year: 21.66%
NAV: 132.18 EUR

Berenberg European Small Cap R A

LU1637619120 | A2DVQD
Date: 28.09.2022
ISIN: LU1637619120
WKN: A2DVQD
Performance 1 year: -40.44%
Volatility 1 year: 28.91%
NAV: 118.26 EUR

Berenberg European Small Cap R CF A

LU2459037235 | A3DHL6
Date: 28.09.2022
ISIN: LU2459037235
WKN: A3DHL6
Performance 1 year:
Volatility 1 year:
NAV: 69.69 EUR