KBL European Private Bankers (KBL epb), headquartered in Luxembourg, announced today the very positive full-year performance of its Flagship Fund, an actively managed fund that determines equity exposure based on “confirmed” trend indicators and other key criteria.

As of December 31, 2013, the KBL epb Flagship Fund registered a 12-month return of 10.10%, significantly outperforming the average of comparable peers and enhancing its competitiveness in both absolute and relative terms.

Combining a conviction-based asset allocation strategy with the selection of leading in-house and third-party fund managers, the euro-denominated Flagship Fund was launched in January 2012.

“Today, with nearly €400 million under management, the Flagship Fund is clearly poised for continued expansion,” said Stefan Van Geyt, Group Chief Investment Officer, KBL epb. He added: “By adhering to our disciplined investment strategy, executed by our team of KBL epb experts – located here in Luxembourg and across Europe – we will continue to target long-term growth opportunities, meeting the requirements of our clients and enhancing our reputation as trusted advisors and investors.”

As of December 31, 2013, 68% of Flagship Fund assets were allocated in equities – reflecting bullish market trends – with the balance divided between bonds and cash. Geographically, as of the same date, the majority of fund assets were allocated in Europe and the United States.