Key Takeaways
- • Aperture Investors' European Innovation Fund (EX EUR Class, SICAV) was named best fund in Lipper's Alternative Long/Short Equity Europe category at the LSEG Lipper Fund Awards 2026 Europe, based on trailing three- and five-year periods ended 31 December 2025.
- • The fund won across three markets: Europe Active Awards (3 and 5 years), Germany Fund Awards (3 and 5 years), and Switzerland Fund Awards (3 years).
- • Aperture Investors, an alternative asset manager part of Generali Investments, oversees approximately $6.1 billion in AUM and committed and seed capital as of February 28, 2026.
- • LSEG Lipper awards are based on the Lipper Leader for Consistent Return rating, a risk-adjusted measure calculated over 36, 60 and 120 months.
- • For the first time, LSEG Lipper issued separate 2026 European awards for active mutual funds and passive ETFs.
Summary
The fund received awards in three separate markets: the Europe Active Awards for both three and five years, the Germany Fund Awards for both three and five years, and the Switzerland Fund Awards for three years. According to the release, the LSEG Lipper Fund Awards recognize funds and fund management firms that deliver consistently strong risk-adjusted performance relative to peers. The fund seeks to identify innovative European companies positioned to benefit from structural growth trends, using a long/short approach designed to generate alpha across market cycles.
Portfolio Manager and CIO, European Equities Anis Lahlou said the wins validate the firm's investment philosophy. He argued that European equity markets remain significantly under-researched and less efficient than the US, and said the strategy combines fundamental analysis, innovation-sector expertise and behavioural finance insights. Otto Christian Kober, Head of Lipper Research at LSEG Data & Analytics, said the 2026 awards were the first to calculate separate active and passive fund winners in Europe, covering mutual funds and, for the first time, ETFs. He noted that the awards covered a volatile three-year period in which central banks navigated inflationary pressures and geopolitical risk.
According to the release, Aperture Investors manages approximately $6.1 billion in assets under management and committed and seed capital as of February 28, 2026. The firm was founded in partnership with Generali Group and offers public and private market strategies. Per the disclaimer, the awards are based on the fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification, calculated over 36, 60 and 120 months.
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