One of France’s best-known asset managers, William Higgons, who runs the Indépendance et Expansion funds, has joined the Group of Boutique Asset Managers (GBAM).
Higgons achieved his success as manager of his small/mid cap Indépendance et Expansion France Small fund, which has achieved an annualised return of +12.7% and a cumulative return of +2,450% since its launch in 1993, making this one of the industry’s longest and top performing track records. More recently, in 2018, Indépendance et Expansion AM launched its Europe Small fund.
Higgons joined GBAM – a group of specialist boutique asset management firms who share the objective of strengthening their presence in international markets – with a view to extending his firm’s reach throughout Europe.
Higgons said this week, “We are delighted to have been invited to join the Group of Boutique Asset Managers. It is an exclusive international fund management network which is committed to sharing ideas and insights among its Membership, as well as supporting specialist active managers. This is just the sort of forum that will be helpful to us while we can offer our experiences and insights to the Membership.
GBAM chairman Tim Warrington said, “We are delighted to welcome William and his firm into the GBAM group. He has an impressive record in the French market, and I am sure he will add further knowledge and perspective to our internationally diverse group. We look forward to sharing our experiences and making the case for boutique managers.”