DIVAS Eurozone Value
ISIN: LU1975716835
Performance
Investment Overview
DIVAS Eurozone Value is an open-end investment fund incorporated in Luxembourg. The Fund’s objective is to maximize capital return. It is a concentrated actively managed equity product, investing through a disciplined, purely valuation-based bottom-up investment process, incorporating ESG criteria. It normally invests into 25 Eurozone stocks with an initial new position weight of 3.5%. It typically displays an active share of above 80%.
Key Benefits
Alpha Across Market Cycles
The strategy generates Alpha regardless of macroeconomic or style-driven tailwinds. ~80% of Alpha is sourced from intra-sector stock selection, making sector allocation largely irrelevant over the long term.
Built for Strategic Allocation, Not Tactical Timing
As a structurally style-independent value approach, this fund is designed as a core equity allocation – not a cyclical bet.
Structural Tailwinds for the Region
With €700 billion stimulus from Germany and €700 billion in expected investment from global asset managers (starting with Blackstone), the Eurozone is entering a decade of above-trend GDP growth.
Diversification Through Negative Correlation
The strategy is negatively correlated with growth/momentum styles, offering diversification and risk reduction for balanced portfolios.
Fund Managers
Hansueli Jost
Hansueli manages Eurozone Equity Funds. In the previous 30 years he managed Eurozone Equities at GAM Investment Management and UBS Investment Management in Zurich, Global Equities at Globvest and Morgan Stanley in Zurich, Pan-European Equities at Schroders in Zurich and U.K./Irish Equities at SBC Portfolio Management International in London. He graduated as Economist from the School of Economics and Business Administration in Zurich.
Leonardo De Fezza
Leonardo De Fezza is a Senior Portfolio Manager at DIVAS Asset Management, responsible for the development and management of global equity strategies. With over ten years of experience in equities, derivatives, and multi-asset investments, Leonardo brings deep expertise in portfolio construction, fundamental analysis, and risk management.
Previously, he held senior investment roles at Credit Suisse and UBS, where he managed client assets exceeding CHF 1 billion.
Most recently, he led the equity offering at an independent asset manager in Zurich, where he developed global and thematic strategies that combine fundamental and quantitative approaches.
Leonardo holds a Certificate of Advanced Studies in Asset Management from the Lucerne University of Applied Sciences and Arts and is a certified Swiss Banking Specialist.
Contact
Performance Reports
Here you can access the monthly performance reports of our fund.
DIVAS Eurozone Value Monthly Report October 2025