Asset manager Tikehau Capital has launched a thematic equity fund dedicated to investing in European sovereignty.
The Tikehau European Sovereignty Fund, accredited with Article 8 classification under the EU’s Sustainable Finance Disclosure Regulation, is the first thematic equity strategy launched by the group’s listed equities team through its capital markets strategies business.
According to the firm, recent global events emphasise Europe’s need to enhance resilience and autonomy by reducing external dependence on critical sectors, shifting towards localised value chains and advancing the ecological transition.
European Green Bond Standard “a positive step” despite limitations, study finds
The equity strategy targets high-quality listed European companies endorsed by the management team. These firms not only bolster European sovereignty but also benefit from regional policies promoting sectoral autonomy and economic resilience, it explained.
The firm’s equity management team aims to construct a diversified portfolio comprising approximately 40-50 European companies poised to capitalise on the rise of European sovereignty while offering an attractive risk-return profile.
Sovereign wealth funds reach record global asset share
Among the themes identified by Tikehau Capital as pivotal in strengthening European sovereignty and defining the fund’s investment mandate are industrial autonomy, digital competitiveness, healthcare autonomy, defence and ecological transition.
Eligible for the French stock savings plan “PEA” (with over 75% of invested companies domiciled in the European Union or European Economic Area), the fund will also be marketed in several European countries including France, Spain, Luxembourg, Germany, Italy, Belgium, the Netherlands and Switzerland.
