Equities
Kepler Unigestion was formed in 2025 by Kepler Cheuvreux and Unigestion. The new partnership brings together Unigestion’s 30 years of experience in advanced portfolio management – which employs the latest artificial intelligence techniques and human expertise – with Kepler Cheuvreux’s extensive global research and distribution platform.
The partnership, which manages some EUR 3bn in assets, represents a major milestone in the shared ambition of both groups: the creation of a leading player in the liquid asset management market. Kepler Unigestion is built on a common foundation between Kepler Cheuvreux and Unigestion: a strong historical presence in equity markets, deep institutional expertise, a longstanding multi-local presence, and an entrepreneurial spirit focused on innovation. It offers a powerful combination of innovation and global strength, bringing significant benefits to existing and new clients.
What Kepler Unigestion does
Defensive equities
Risk-managed, disciplined equity portfolios designed for investors who have capital protection as a key objective and who seek steady, long-term returns.
Core AI equities
Applying expertise in machine learning to achieve best-in-class stock selection and enhanced diversification for clients seeking outperformance and predictability.
How Kepler Unigestion invests
Kepler Unigestion focuses on building resilient, flexible portfolios based on four factors:
- A deep understanding of market risk factors and a repeatable process
- Combining mind and machine to assess the full spectrum of risk and return drivers
- Using macro, sentiment and valuation indicators to adjust our style allocation and market risk
- Integrating ESG throughout our portfolio construction process and actively engaging with portfolio companies
The Kepler Unigestion team
The Kepler Unigestion equities team has decades of experience in financial markets. They have invested through numerous market cycles and bring a deep understanding of macroeconomic and geopolitical trends to the investment process.
The team applies this knowledge to all its portfolios, employing a combination of quantitative analysis and fundamental expertise in order to deliver attractive returns to clients.
Machine learning expertise
Quant models relying on backward-looking statistics usually work well in backtests or when risks do not change. The team’s investment process is about risk management and identifying future change, hence it combines both systematic models and discretionary human analysis.
Style factors
Kepler Unigestion does not use academic factor models to invest, but uses proprietary technology to analyse and select the best metrics from each factor. This approach delivers the same diversification benefits with superior performance potential.
Risk modelling
The Kepler Unigestion equities team measures and deconstructs risks using advanced quantitative models including stock price analysis and top-down indicators. This enables the team’s portfolios to exhibit convincing capital protection characteristics and consistent behaviour across market regimes.
Responsible investment
Kepler Unigestion’s 360 risk management process seeks to uncover all dimensions of risk. ESG issues are critical as they can materially impact the risk profile of companies and the team integrates a four pillar approach to assessing ESG risks and opportunities in its investment process.
Fundamental research
Risks and opportunities are uncovered by analysing stocks, sectors, countries and themes. The team’s qualitative appraisal complements this quantitative approach with a forward-looking view and acts as a safety net, improving on the weaknesses of quantitative models.
Videos
Webinar: Quo Vadis Europe? Navigating the Future Amid Trumpolitics and Rising Geopolitical Risks
Our excellent panellists, Senior Portfolio Manager Alexandre Marquis and Fundamental Analyst Joachim Hermann, debated the impact of rising geopolitical risks from a fundamental and quantitative perspective and assessed how investors should navigate the future of European assets.
Thank you again for joining us and we look forward to seeing you again soon for our next webinar!
Equities insights
- Equities
- Events
Watch as our excellent panelists, Fundamental Analysts Fleura Shiyanova and Joachim Hermann, dissect the potential impact of renewed trade tensions, policy volatility and market sentiment swings – all hallmarks of the Trump playbook.
- Equities
- Papers
Emerging managers, those who are launching their first or second funds, are often viewed sceptically by investors. However, these perceptions are often rooted in myth, not reality.
- Equities
- Papers
In our latest research, we explore a breakthrough approach – leveraging neural networks within a learning-to-rank framework – to enhance stock selection accuracy in increasingly complex markets.