Thursday's annual Sauren awards were a chance to engage with some of Europe's most highly regarded fund managers, many of whom will also be familiar to Citywire readers.
After the prize giving, the winners of an award took to the stage to debate some of the big issues investors face in the current volatile environment. There were plenty of diverse opinions which gave the audience much to talk about.
Onto the results. The Cologne-based company awarded the prize in the Equity Global category to Christoph Bruns from LOYS who pinned much of his success on exploiting opportunities that are often under the radar, while Olgerd Eichler from MainFirst, who received the award in the category Equity Europe, was in combative form warning of rough times ahead and the need for weaker countries to leave the eurozone.
Comeback award winner Miles Geldard from Jupiter joined the debate by addressing the governmental crisis in Europe and emphasising the specific position of Germany.
Mining expert John Hathaway from Toqueville, winner of the Equity Sector award, warned of the dangers of investing in countries with poor corporate governance such as Venezuela, Bolivia and Russia, while Paul McNamara from GAM who won the Emerging Market Debt category, put forward the case for these markets to now be considered as safe havens.
Bluebay's Michael Reed who won in the Convertible Bonds category spoke of the difficulties of investing in a universe where both extremely cheap and extremely overpriced names exist side by side, while pioneer Geoff Oldfield from Ennismore took the trophy for Absolute Return.
The award for the personality of the year went to DWS veteran Klaus Kaldemorgen for his decision to devote his attention to his passion for fund management and consequently stepping down from DWS management duties.