Skip Ribbon Commands
Skip to main content

Skip Navigation Linkseuropean-equities European Equities

Skip Navigation LinksInvestments

European Equities Team

Dino Fuschillo

Dino Fuschillo

Senior European Fund Manager

Dino Fuschillo is a Senior European equity fund manager.

Prior to joining Sanlam FOUR, he was Head of European Equities at Martin Currie. In this role he was responsible for leading the team and for the management of concentrated long and long/short portfolios.

Prior to this, Dino was Head of European Equities for SG Asset Management, a business he was hired to establish in 1998. There, he was responsible for the management of €2bn in long only institutional and retail portfolios. Prior to SG, Dino spent eight years at Lazard culminating in being Head of European Equities. Dino began his career at Hill Samuel in 1986.

He holds a B.Eng with French from University of Bath and is qualified as an associate of the UK Society of Investment Professionals.

Marco Ricci

Marco Ricci

Senior European Fund Manager

Marco joined Sanlam FOUR in June 2011 as a European equity fund manager.

Prior to joining Sanlam FOUR, he founded Marinvest and launched the Marinvest One hedge fund in June 2009. In the two years to its closure in May 2011 Marinvest One achieved a 35% gross return, in line with the European market, with 2/3 of its volatility. Prior to this position, Marco joined Hermes in 2001 as one of the two founding directors of the Hermes European Focus Fund (HEFF).

HEFF was a separately managed unit, which became the most profitable part of the Hermes group. HEFF had a specific mandate focused on shareholder activism and it grew to €2.4bn under management by June 2007. Under Marco’s management HEFF achieved a positive relative performance in 2003, 2004, 2005, 2006, and H1/2007, significantly outperforming the European (ex UK) Equities benchmark, with a low tracking error, until his departure in June 2007.

From 1997 to 2001 he was a fund manager of institutional accounts and retail funds at Morgan Grenfell Asset Management in London, achieving a sector leading track record. Prior to this position, Marco was with Fidelity Investments, where he was the lead analyst on the pan European Pharmaceutical, Biotechnology, Capital Goods and Defence sectors. With his career starting as an equity analyst in 1989, Marco has over two decades of experience as a fund manager, analyst and company director.

Marco holds an MBA from the Wharton School, University of Pennsylvania.

Simon Gregory

Simon Gregory

Assistant European Fund Manager

Simon Gregory is an Assistant Fund Manager in the European team. Prior to joining Sanlam FOUR in February 2014, Simon worked as an independent financial markets trader. Previously, he was an Accounting Senior at Brookes & Co. Chartered Accountants. Simon is an ICAEW Qualified Chartered Accountant, training at Bullimores from 2006-2008. He holds a BA Combined Hons. Philosophy & Sociology from Exeter University.

Process and Philosophy

Sanlam FOUR operates a flexible and pragmatic infrastructure that guides what is ultimately a bottom up stock selection engine. The investment process is focussed on the holdings in our portfolios, ensuring that every company held is delivering as per the team's investment thesis. Sanlam FOUR is of course also continuously searching for new ideas for the portfolios. The chart below captures the building blocks of the process:

European Equities Process


Sanlam FOUR's investment team spends the majority of its time monitoring existing positions to ensure that it is fully informed and constantly alert to changes that might prompt a rethink of the investment thesis.

Risk management is an integral part of our approach. The compliance and investment functions receive daily positioning reports which give rise to alerts should guidelines be breached. In addition, the investment teams regularly review portfolios and quantitative risk analysis from Bloomberg PORT & Style Research. Finally, the risk committee issues a risk monitoring report once a month and discusses any relevant findings with the senior team members.

European Funds

Sanlam FOUR Active Europe ex-UK Equity Fund

This is a Fund targeting high alpha with a portfolio of 30 to 40 holdings. The Fund will invest across the market capitalisation spectrum and all holdings must have absolute upside potential. The Fund will be conscious of benchmark risk at the total portfolio level.

Sanlam FOUR Active European ex-UK Equity Fund (Class A) GBP
Sanlam FOUR Active European ex-UK Equity Fund (Class B) EUR
Sanlam FOUR Active European ex-UK Equity Fund (Class C) GBP
Sanlam FOUR European ex-UK Equity Fund Quarterly Investment Report
Sanlam FOUR Active European ex UK Class A EUR
Sanlam FOUR Active European ex UK Class A Sterling KIID
Sanlam FOUR Active European ex UK Class B EUR KIID
Sanlam FOUR Active European ex UK Class B Sterling KIID
Sanlam FOUR Active European ex UK Class C EUR KIID
Sanlam FOUR Active European ex UK Class C Sterling KIID
Sanlam Universal Funds plc Prospectus
Sanlam FOUR European Active European ex-UK Supplement
Sanlam FOUR European Long Short Supplement

How to Invest

The following forms must be completed and faxed to Sanlam Universal Funds Plc, +353 1 241 7131:

Full instructions on how to complete the forms are included, however, please contact Sanlam Universal Funds +353 1 241 7130 for further assistance.

Please ensure you read the full prospectus prior to investing.

Sanlam Universal Funds plc Prospectus Download
Sanlam FOUR European Active European ex-UK Supplement Download
Sanlam FOUR European Long Short Supplement Download

Sanlam Life Insurance is a licensed financial service provider.
Copyright © Sanlam