Comgest is an independent, global asset management group with headquarters in Paris and offices in Amsterdam, Boston, Dublin, Düsseldorf, Hong Kong, Singapore, Sydney, Tokyo, Vienna, two branch offices in Milan and Brussels and a representative office in London. Since inception in 1985, Comgest has pursued a long-term ‘Quality Growth’ and responsible investment style with the objective of selecting quality companies with solid prospects for sustainable growth. With more than 200 employees of 30 different nationalities, Comgest serves a diverse global client base and manages assets of over £20.3 / €23.7 / $27.8 billion (unaudited data as of 30 June 2025).

Resilience in Focus
As post-Covid market effects ease, Japan growth equities have shown recent quarters of relative strength versus local and global benchmarks, reflecting past trends. With 25+ years in Japanese equities, we’ve seen quality growth companies demonstrate resilience, supported by strong balance sheets and disciplined management through varied markets.

Post-Covid Market Distortions
This strength is often overlooked. In the three years after Covid, performance — as in many markets — grew narrowly concentrated. In Japan, attention shifted to “cheap-Yen beneficiaries”, fuelled by currency weakness and flows exiting China, often mislabelled as “value” stocks.

Enduring Growth Built on Innovation
Japan’s growth story runs deeper. Positioned at Asia’s gateway — the world’s largest engine of population and economic expansion — Japan has long enabled technology and aspirational brands. Homegrown innovators and leading semiconductor companies have transformed a resource-poor archipelago into the world’s second-largest developed economy. They adapted, endured and thrived.

Independent Thinking, Shared Expertise
At Comgest, we’ve learned from that resilience. When we began investing in Japan, more than 30 peer funds targeted its growth names. Today, Morningstar lists just four funds — including ours —above JP¥100 billion with 3+ year track records. Supported by 40+ analysts and portfolio managers globally, our independence keeps us benchmark agnostic, enabling us to uncover quality companies others often overlook.

On-the-Ground Insight
Our 18-year presence in Japan has been critical to our success. While regulators pursue incremental governance reforms, we have long partnered with management teams sharing our long-term, quality growth vision — often trailblazers driving change throughout Japan’s modern history.

Join Us
Our webinar, Japan: The Case for Resilience, explores why we believe the next chapter for Japan’s quality growth companies is only beginning.

Japan: The Case for Resilience

In questo video, Francesco Manfredini, analista azionario statunitense, illustra le caratteristiche che rendono l’economia americana strutturalmente forte e difficili da trovare in altri paesi del mondo con alcuni esempi di aziende del nostro portafoglio in grado di crescere, nel lungo periodo, indipendentemente dai cicli economici o dalle mode del momento.

Quality Insights: 5 domande con Francesco Manfredini, analista azionario USA

Hay muchas empresas dinámicas e interesantes en el mercado estadounidense aparte de los "Siete Magníficos".
En este vídeo, el gestor de cartera Justin Streeter analiza las complejidades de la economía estadounidense y pone en valor su atractivo para los inversores. Explica cómo nuestra cartera busca alcanzar un crecimiento a largo plazo centrándose en empresas de calidad que suelen prosperar al margen de los ciclos de mercado, las tendencias o los acontecimientos geopolíticos.

Quality Insights: 5 preguntas a Justin Streeter, Analista/Gestor de cartera, Renta Variable de EE. UU.

In diesem Video erläutert Portfoliomanager Louis Citroën die Besonderheiten der US-Wirtschaft und ihre Attraktivität für Investoren. Er veranschaulicht, wie unser Portfolio langfristiges Wachstum erzielt, indem es sich auf Qualitätswachstumsunternehmen konzentriert, die unabhängig von Marktzyklen, Trends oder geopolitischen Entwicklungen erfolgreich sind.

Quality Insights: 5 Fragen an Louis Citroën, Analyst/PM, US-Aktien

In this video, Portfolio Manager Louis Citroën explores the intricacies of the US economy and highlights its attractiveness for investors. He illustrates how our portfolio aims to achieve long-term growth by focusing on quality growth companies that tend to thrive regardless of market cycles, trends or geopolitical developments.

Quality Insights: 6 questions with Louis Citroën, Analyst/PM, US Equities

Liudmilla Strakodonskaya, ESG Analyst for US Equities, emphasizes governance as key in the US market due to regulatory complexities, talks about long-term performance drivers and what AI’s environmental impact has in terms of the Quality Growth strategy.

ESG as a Quality Growth driver in the US

Analyst & Portfolio Manager Bhuvanesh Singh talks about India’s economic growth businesses, highlighting the importance of strong earnings growth, diversification and the importance of ESG factors to manage portfolio risks.

Comgest Growth India: Long-term growth drivers

Comgest Growth Europe EUR Acc - Year-to-date 2024 Review and outlook

Comgest - Europe Equities - YTD 2024 Review and outlook

In this webinar, Portfolio Manager Richard Kaye will discuss his views of the market environment and outlook. He will also provide a review of the fund's performance and current portfolio positioning.

Japan Equities - Why Quality Growth still holds the key to long-term success?

In this 30-minute webinar, Portfolio Manager Laure Négiar discusses the importance of diversification, especially in market conditions that tend to favour a small percentage of US large cap stocks. 
 
Laure also provides a review of the Comgest Global Equity portfolio's performance and discusses how our strategy offers investors exposure to leading quality growth companies both inside and outside of the tech/AI sectors. This enables the team to build resilient portfolios that deliver sustainable, long-term earnings growth, leveraging the breadth and depth of our global research platform.

Global Equities: Is the Market too Concentrated? Exploring Opportunities Beyond the Top Stocks

In this webinar Portfolio Manager Richard Kaye discuss his views of the market environment and outlook. He will also provide a review of the funds performance and current portfolio positioning.

Japan Equities -  Is Japan Growth entering a new golden area?

Anleger blicken gespannt auf die US-Wahlen im November 2024. Klar ist, dass das Wahlergebnis auch Auswirkungen an den Börsen haben wird. Nach wie vor gilt die USA als der stärkste Aktienmarkt der Welt. Die wenigsten aktiv gemangten Fonds schaffen es, den S&P 500 zu schlagen. Zu diesen Top US-Aktienfonds, die den Index outperformen, gehört der Comgest Growth America Fonds. Wie er das schafft und worauf das Portfoliomanagement besonderen Wert legt, erklärt Ihnen unser Portfoliomanager Rémi Adam.

WIE SCHLÄGT MAN DEN STÄRKSTEN AKTIENMARKT DER WELT?

In this 30-minute webinar, Portfolio Managers James Hanford and Pierre Lamelin discuss how some of Europe’s corporate leaders have navigated uncertainty and sustained their growth over the long run. They will also provide a review of Comgest Growth Europe fund's performance and current portfolio positioning.

Europe Equities - Giant steps for Europe

Wir leben in einem Zeitalter der Disruption. Geopolitik und das Aufkommen neuer Technologien, wie künstliche Intelligenz, verändern die Weltwirtschaft. Wie europäische Unternehmen trotz dieser Dynamik weiter wachsen können, erklären Ihnen die Portfoliomanager James Hanford und Pierre Lamelin im Webinar. Auch die Performance des Fonds Comgest Growth Europe Compounders und dessen aktuelle Positionierung werden vorgestellt.

Webinar Comgest Growth Europe Compounders (25.4.2024) - deutsche Fassung

Eva Fornadi and Denis Callioni, analysts-PMs will provide an update on Comgest Growth Europe Opportunities and Comgest Growth Europe Smaller Companies

Europe Equities - Small is beautiful?

Is it possible to beat the world's strongest market? Are the "Magnificent Seven" indispensable for success in the US market? What about AI-related businesses? In this interview, US Equities Analyst and Portfolio Manager Justin Streeter provides insights into Comgest's approach to investing in the US market (7 mins).

US Equities - Q&A with Justin Streeter

We’re living in an age of disruption. Geopolitics and the emergence of new technologies – like artificial intelligence – are reshaping the global economy. Despite these fast-changing dynamics, European markets beat expectations and rebounded strongly last year.


Join Portfolio Managers James Hanford and Pierre Lamelin for a live webinar examining what types of European businesses are likely to thrive in uncertain times. They will also provide a review of Comgest Growth Europe Compounders fund performance and current portfolio positioning.

Europe Equities - What doesn't change in a fast-changing world?

Lindy's Law states that the older a non-perishable item is, the longer it is likely to survive into the future. Hear why we believe at Comgest that investors should take note. With age comes wisdom, but how do companies continue to remain relevant and continue to achieve growth? Investors must be selective when applying this principle with a genuine quality lens. Time can work in your favour to compound the benefits of durable growth and elevate an investment from ‘good’ to ‘great’. This is the philosophy behind Comgest Europe Compounders Equity Strategy.

When it comes to identifying companies that meet our definition of a ‘compounder’, we look for the marathon runners. These companies can see beyond immediate challenges and focus on the long term. It’s not about quick wins, it’s about making smart, strategic decisions that position them for success now and into the future.

They tend to have long track records, but that in isolation does not mean they warrant the name ‘compounder’. Innovation, strong and expanding moats and visibility over where future growth is going to emanate are equally important.

Europe, where the majority of our holdings are headquartered while operating worldwide, is home to a relatively high number of companies that appear to have all the makings of a compounder. In this webinar, Alistair Wittet, Comgest portfolio manager, will discuss how the Comgest team separates the wheat from the chaff and harnesses the power of time and quality to deliver returns for long-term investors.

Comgest & IPE - How to capture the true power of Compounding

Quality US Growth with a secret advantage

Quality US Growth with a secret advantage

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