Fund in focus: Omnis European Equity Leaders Fund
Omnis has appointed Fidelity International to manage the European Equity Leaders Fund. With over 40 years of experience investing in European markets, Fidelity brings deep expertise to the role. In this update, we explore how the managers are navigating today’s market environment and where they are finding opportunities.
- The team's focus is on investing in high-quality European businesses, with robust fundamentals and an attractive outlook for dividend growth.
- The fund is designed to deliver strong long-term returns, with dividend growth central to the fund's strategy.
- Recent additions to the portfolio include Ryanair, Veolia and Roche.
- Direct exposure to US tariffs mitigated by avoiding and reducing sectors most at risk, whilst some holdings expected to benefit e.g. Ryanair.
- Whilst Europe possesses some structural challenges, only one third of revenues from large European companies come from Europe itself.
