Emmanuel Sales

Financière de la Cité is an active, fundamentals-based, long-term manager which aims to identify assets, securities and investment themes neglected despite their fundamentals. They tend to avoid indexes, especially when securities markets are driven by sheer force of inertia and have significant financial or sectoral bias. The firm takes a comprehensive approach to financial investment, incorporating the historical, social and institutional dimensions of the evolution of companies. They promote individual research, non-consensual thinking and critical analysis.