Systematic value investing
Lingohr & Partner is an independent asset manager specialized in systematic value investing. Our core competence lies in the identification of undervalued companies worldwide.
For more than 25 years, we have been pursuing an investment process that successfully combines fundamental and quantitative stock selection. The continuous refinement of our approach and models is a key element of our success. In doing so, we always adhere to the principles of our investment philosophy and continuously incorporate new insights through research and data analysis.
Our primary goal is to achieve superior investment results for our clients. We pursue a long-term investment approach with the aim of generating steady asset growth and long-term excess returns over benchmarks. In this process, we are not guided by short-term market events.
Facts and figures
Lingohr & Partner was founded in 1993. Since then the company has been located in Erkrath near Düsseldorf.
We offer global and regional equity strategies for institutional investors, selected distribution partners, high net worth individuals, and family offices. In terms of investment vehicles, we provide our services via public mutual funds, segregated accounts as well as private wealth mandates.
Principles and values
Our business is based on the following principles:
- Independence: From banks, benchmarks and emotions. A contrarian mindset and the courage to swim against the tide characterize us.
- Focus: On one investment process, facts & figures, and our clients. This is the only way we can ensure the quality of our service.
- Discipline: By applying a rules-based process which ensures the rational valuation of companies. Forecasts and gut feeling are avoided as far as possible.
- Reliability: Through style-consistency, many years of experience as well as professional service.
- Conviction: In combining the advantages of man & machine as well as sharing our passion for value investing in general and our investment approach in particular.
Company history: Pioneering work since 1993
Lingohr & Partner Asset Management GmbH was founded in 1993 by Frank R. Lingohr with the support of two long-time companions. As managing director, Frank R. Lingohr was responsible for advising high net worth individuals and family offices as well as for setting up and managing several mutual funds.
Since the beginning of the 1990s, Mr. Lingohr has focused on extensive data analysis and stock selection based on fundamental metrics. He is thus one of the pioneers in the German asset management industry. At the same time, he has been an advocate of value investing and disciplined process orientation throughout his career. The equal weighting of individual stocks was also one of his trademarks. These core elements continue to form central building blocks of today's investment philosophy.
In 2003, Michael Broszeit joined the company as managing partner. He built up the institutional business in Germany as well as abroad and thus left a lasting mark on the company's orientation. Following the death of founder Frank R. Lingohr in 2015, Goran Vasiljevic joined the management team as Chief Investment Officer and Steffen Ulshöfer as Chief Operating Officer. Since July 1, 2022, Dyrk Vieten serves as the Speaker of the Management Board (CEO).
They jointly manage Lingohr & Partner Asset Management GmbH on behalf of the owner Amauris Invest GmbH. The Düsseldorf-based investment company acquired all shares in the company in April 2022. Lingohr CEO Dyrk Vieten is also managing director and shareholder of Amauris Invest GmbH and the main initiator of the takeover. For him, the transaction has closed a circle. In his role at Deka Vermögensmanagement, he had closely supported Frank R. Lingohr in launching the "Lingohr Systematic" fund family and successfully introducing it to the market. The new shareholder will consistently continue the almost 30-year success story of Lingohr & Partner.