Portfolio Management

Eric I. Sturdza

STRATEGY LEAD
Banque Eric Sturdza SA

Switzerland

Funds Managed

Multi-Asset

Sturdza Family Fund
Eric Sturdza’s distinguished career in Private Banking and Asset Management spans more than four decades.

He obtained his Master’s Degree in Economics and Business Administration from the University of Lausanne and started in the asset management division of Banque de l’Indochine, eventually holding senior leadership posts in various asset management firms, including KIPECO (affiliated with Kidder Peabody) and Citibank. Pursued by Baring Brothers in 1984, he established Banque Eric Sturdza and became its sole owner in 2005.

Today, the Group consists of a global network of financial institutions, including Banque Eric Sturdza, Coges Corraterie Gestion S.A., Eric Sturdza Management Company and E.I. Sturdza Strategic Management Ltd, the group’s asset management business set-up in 1999 to manage a range of funds in partnership with a select number of investment managers globally.

Eric was the Portfolio Manager to the Strategic US Momentum & Value Fund and responsible for its investment strategy from December 2011 through to its termination on the 14th December 2018, at which time the Sturdza Family Fund was simultaneously launched. The new Fund retained Eric’s investment philosophy at its heart, focusing on high growth and stable companies, but included more diversity and complementary geographical and financial opportunities.

The broadening of the investment universe to include bond instruments primarily aimed to reduce the volatility of returns, which the team believed would enable the Sturdza Family Fund to robustly navigate periods of uncertainty and give the Fund the ability to redeploy capital when markets allowed it.

Citywire Rated Portfolio Manager

Citywire AA Rated
Eric Sturdza is Citywire AA rated for their 3-year risk adjusted performance for the period 31.12.2019 – 31.12.2022. Source and copyright Citywire.

Organisation Structure of the Sturdza Family Fund

Organisation Structure of the Sturdza Family Fund

Investment Team – Banque Eric Sturdza SA

Constantin Sturdza

Strategy Lead

Constantin has been actively managing US equities since 2013. He previously trained at Clarkson’s (London) as a broker in Deep Sea Tankers and thereafter worked in operations for Nereus Shipping. He holds a Bachelor’s degree in Economics from Rollins College, where he co-founded the International Business Club.

Marc Craquelin

Asset Allocation Specialist

Marc Craquelin is a well-known investment professional in France and across Europe with extensive experience within the asset management industry. Marc was the former Chief Investment Officer (‘CIO’) and Member of the Executive Committee at La Financière de L’Echiquier from 2009 to October 2017. During his career, Marc held positions both in management and also as an active fund manager. In 2016, Marc was awarded CIO of the year by AGEFI. His professional career started in 1986 in the industry, having held senior positions at Finacor, EBPF, LFDE and finally at La Financière De L’Echiquier (LFDE). Marc joined LFDE in 2001 and was named CIO in 2009 taking charge of the investment team, with EUR 8.5 billion under management, investing in both the equity and fixed income (corporate and convertible) markets, overseeing the Investment process and providing top down macro guidance, as well as having overall responsibility for the implementation of new tools and the expansion of LFDE’s product range. Marc holds a degree from Ecole Polytechnique (X1982) and Ecole des Mines.

Eric Vanraes

Fixed Income Specialist

Eric Vanraes is head of fixed income investments within the Sturdza Banking Group, where he has been employed since July 2008. Eric has been a fixed income specialist since his career in finance started in 1991. Prior to joining the Sturdza Private Banking Group, Eric was a member of senior management at Union Bancaire Privée (UBP). He was also head of credit and absolute return portfolio management and manager of four SICAV sub-funds – Corporate Euro, Corporate US Dollar, Absolute Return Euro and Absolute Return US Dollar.

Pascal Perrone

Fixed Income Specialist

Pascal Perrone is the Deputy Manager of the Strategic Bond Opportunities Fund and of the Institutional mandates and fixed income investments products for the Sturdza Group. He is also deputy of fixed income investments at Banque Eric Sturdza SA, where he has been employed since February 2013. Prior to joining the Sturdza Private Banking Group, Pascal was a Director at Union Bancaire Privée (UBP) in Geneva, managing the 4 UBP Money Market Sicav sub-funds and the institutional fixed income CHF mandates for which he delivered above average performance. Pascal spent some time as a fixed income trader at Discount Bank & Trust Co and participated in the development of private bankers’ advisory services prior to the bank merger with UBP in 2002. Pascal started his career at Banque Cantonale Vaudoise (BCV) in Lausanne, occupying different positions before joining the Fixed Income execution desk in 1997. Pascal holds AZEK/CFPI expert in finance and investments diploma and ICMA certification (ex-ISMA).

David Haynal, CFA

Equity Specialist

David Haynal is a graduate of the University of St. Gallen where he earned both a Bachelors Degree in Economics and in Business Administration. After training in Equity Derivatives at UBS Investment Bank (Zurich), he worked for two years at Geneva-based HBK Investments Advisory, focusing on their in-house portfolio strategies. He joined Banque Eric Sturdza in 2012. David is a CFA charterholder.

Willem Vinke

Equity Specialist

Willem is the CEO and CIO of Lofoten Asset Management and the Investment Adviser to the Strategic Global Quality Fund.

Willem is fluent in five languages and holds a BSc (Hons) in Management Sciences from the University of Manchester, a MA in European Studies from the College of Europe, Bruges and an MSc in Economics from the London School of Economics and Political Sciences. In addition, Willem has successfully completed the CFA program.

He has been involved in the management of equity funds since 1995 and has been in the financial industry since 1992. Prior to establishing Lofoten Asset Management Willem held the following senior positions:

• Parcom Capital (a subsidiary of ING) from 2008 to 2009 – Investment Partner.

• JO Hambro Capital Management from 2002 to 2008 – Portfolio Manager of the JO Hambro European Select Values Fund and the JO Hambro Continental Select Values Fund.

• Morgan Stanley from 1992 to 2002 – Responsible for EAFE/European small cap and European large cap products.

Louis Rieu

Equity Specialist

Louis Rieu is a Co-Portfolio Manager of the Strategic Global Quality Fund.

Prior to this, he was a Portfolio Manager at MAN Group for three years running a European ESG Fund and before that was part of the investment team at Lofoten Asset Management.

Louis has been in the financial markets since 2007 and obtained a BA in Biological Sciences from Oxford University.

Commentary by Banque Eric Sturdza SA

Insights >
Last month of a challenging year – looking ahead

The Sturdza Family Fund team outline the portfolio's structural plans for 2023.

Fund Commentary • 26-01-2023
Inflation enthusiasm

The Sturdza Family Fund team reflect on the November rally and the search for opportunities to upgrade the quality of the portfolio.

Fund Commentary • 20-12-2022
An equity rebound, but no real macro progress

The Sturdza Family Fund team explore the factors creating market swings.

Fund Commentary • 11-11-2022
Entering Q4 on a volatile note

The Sturdza Family Fund team outline their plans to prosper throughout the upcoming volatility.

Fund Commentary • 19-10-2022

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Constantin Sturdza

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