Zadig Asset Management

Laurent Saglio serves as Chief Investment Officer and is the primary decision-maker on the firm's portfolios. He co-founded the firm with President Pierre-André Schmitt in 2005. Portfolio construction is centralized under Saglio rather than distributed across sector analysts.

The Memor European Fund is a concentrated, long-only equity strategy holding roughly 25 European names. It is benchmark-agnostic, meaning sector weightings and country allocations are a byproduct of stock selection rather than top-down macro calls. The strategy focuses on high-conviction mid- and large-cap companies.

The firm has historically underweighted commodities, mining, and heavily state-regulated utilities — sectors where management quality and competitive moats are harder to assess through their quality-growth framework. They tend to avoid deeply cyclical businesses with unpredictable earnings streams.