The holding opportunity
Oct 18, 2022
According to an analysis by analysts Joren Van Aken et Kris Kippers from Degroof Petercam published in Belgian newspaper L’Echo yesterday, European family holdings currently trade at a 28% discount to their Net Asset Value, a substantially higher discount than the 21% seen on average over the last 5 years. By investing into these holdings, the investor gets a substantial discount or, as we call it as value investors, margin of safety, to the underlying investment portfolios of the wealthiest European families. These portfolios are not only invested in liquid assets but also in private equity opportunities the common investor would typically not get access to. At ECP, we believe into the concept and the opportunity: we run a holding fund in UCITS format investing globally since beginning 2021. Contact us for more information.