Interview With The CIO Of SMA Gestion [Part 3]

This is part three of a four-part interview with Philippe Desurmont Chief Investment Officer and Portfolio Manager of SMA Gestion. The interview is part of ValueWalk’s Value Fund Interview Series. Throughout this series, we are publishing weekly interviews with value-oriented hedge funds, and asset managers. All the past interviews in the series can be found here. SMA Gestion is the asset manager of insurance company Groupe SMA. The firm manages in excess of €20 billion and its leading fund has outperformed the Eurostoxx 50 index by an average of 5% per annum net of fees since its inception 2005. This impressive performance places…