Jean-Marie Eveillard is Chief Investment Officer of the Arnhold and S. Bleichroeder Advisers, LLC Global Value Team and Portfolio Manager of First Eagle Global, Overseas, Gold, U.S. Value and Overseas Variable Funds. He was born in Paris, came to the U.S. in 1968, and became portfolio manager in 1979. His First Eagle Global Fund (SGENX) has 13% annually for the 20 years ending March 2007.
Investing Philosophy:
Jean-Marie Eveillard is a value oriented investor. His approach to asset management is defined by the conviction that absolute long-term performance is the best way to preserve capital, rather than attempting to compete against the short-term movements of the major indices, and rigorous application of bottom-up fundamental analysis intended to reduce risk. His strategy incorporates on-site research by actively visiting companies and talking to managers to gain rounded, first-hand knowledge of investment prospects. Eveillard buys securities whose intrinsic value and long-term potential outweighs market risk.
Legendary investor Jean-Marie Eveillard led his colleagues at Arnhold & S. Bleichroeder Advisers avoided big loss in 2008. This year their funds are making up almost all the loss. They remain 30% hedged versus the Japanese yen and 60% hedged versus the Euro. We also More...
(GuruFocus, November 14, 2009) Investment Guru Jean-Marie Eveillard has passed to the torch of managing the First Eagle Global Fund to his hand-picked portfolio managers Matt Mclennan and Abbay Deshpande. Another influential figure, Bruce Greenwald compensates for Jean-Marie’s depart, according to Matt Mclennan in an article published on their website. More...
(GuruFocus, October 17, 2009) Jean-Marie has stepped down as the day-to-day money manager for First Eagle Global Fund (SGENX). He remains as the Senior advisor, leaving a legacy behind him. Through the end of 3Q09, the fund returned 14.29, 2.11, 8.57, and 12.43% for YTD, 1 year, 5 year, and 10 years (annualized and after sales charges) as compared to MSCI World Index’s 24.90, -2.29, 3.51, and 0.92% for the corresponding same period. More...
(GuruFocus, September 14, 2009)Jean-Marie Eveillard is the senior adviser of First Eagle Funds. He used to manage the fund for more than 20 years. Steven Forbes interviewed the investment Guru recently. They covered many areas, but here is an excerpt of the beginning and the concluding paragraphs. More...
(GuruFocus, September 9, 2009) Investment Guru Jean-Marie Eveillard reduced holdings in Barnes & Noble Inc for his mutual fund First Eagle Global Fund. GuruFocus Real Time Data shows that Eveillard has sold 31% of his holding in the book seller at the price of about $20.69 per share on August 31, 2008. After the sale, Eveillard still owned 4.03 million shares. More...
"Sometimes when investing seems most scary it's the best time to invest. This may be one of those times." Wrote Jean-Marie Eveillard back in Feburary, 3 weeks before the march bottom. He is currently worried whether the recovery is sustainable. (Listen to Tips from Jean-Marie Eveillard). This is his Q2 portfolio update. More...
Investment Guru Jean-Marie Eveillard managed First Eagle Fund for the past 30 years or so. He retired earlier this year and become the senior advisor to the Fund. Fox Business New had an interview with Eveillard yesterday and here are some of the key points he made: More...
(GuruFocus, August 11, 2009) Investment Gurus Jean-Marie Eveillard retired earlier this year and became a consultant with the First Eagle Fund, which he ran for nearly 30 years. The fund has recent added 21.23% to its position in the therapeutic drug company Curis Inc. GuruFocus Data shows the transaction happened on August 4, 2009, at the price of $1.46 per share. Jean-Marie Eveillard owns 7,900,782 shares as of 03/31/2009, an increase of 16.76% from the previous quarter. After the purchase, First Eagle Fund owns 12,427,220 shares, or 19.52% of the shares outstanding. More...
(GuruFocus, August 5, 2009) First Eagle Fund, which Investment Guru Jean-Marie Eveillard managed for nearly 30 years through March 2009, is buying has sold out its shares in Clear Channel Outdoor Holdings (CCO). In March 2009, Jean-Marie stepped down and became an advisor to the fund, GuruFocus still tracks the performance of First Eagle Fund under his name. More...
(GuruFocus, Updated on July 19, 2009 ) First Eagle Fund, which Investment Guru Jean-Marie Eveillard managed for nearly 30 years through March 2009, is selling shares of Borland Software Corporation (BORL) , GuruFocus Data shows. On July 15, 2009, First Eagle sold 5.37% of their 3.8 million shares of Borland Software Corporation (BORL) at the price of $1.51 per share. More...
(GuruFocus, July 10, 2009 ) First Eagle Fund, which Investment Guru Jean-Marie Eveillard managed for nearly 30 years through March 2009, is buying new shares of Borland Software Corporation (BORL) , GuruFocus Data shows. On July 7, 2009, First Eagle bought 3.8 million shares of Borland Software Corporation (BORL) at the price of $1.53 per share. More...
(GuruFocus, June 23, 2009) First Eagle Fund, which Investment Guru Jean-Marie Eveillard managed for nearly 30 years through March 2009, is buying new shares of Entrust Technologies (ENTU) and reduced shares in Clear Channel Outdoor Holdings (CCO) , GuruFocus Data shows. In March 2009, Jean-Marie stepped down and became an advisor to the fund. More...
Investment Guru, Jean-Marie Eveillard has stepped down form manager of First Eagle fund in March, 2009, as announced in an article on First Eagle Funds’ website. According to the article: More...
Not many managers had positive returns in average over the past 5 years. Jean-Marie Eveillard's funds averaged around 4% a year. He is retiring (again). He steared First Eagle Funds to a smaller loss in 2008, made good decisions with gold. This is his Q1 portfolio. Jean-Marie Eveillard owns 347 stocks with a total value of $7.4 billion. These are the details of the buys and sells. More...
Jean-Marie Eveillard was the Portfolio Manager for the First Eagle Global, Overseas, Gold, U.S. Value and Overseas Variable Funds, where he built one of the most successful long-term performance records in the investment business. On March 31, Mr. Eveillard transitioned to a Senior Advisory role at First Eagle Funds. In addition, we spoke with Abhay Deshpande, a Portfolio Manager for the First Eagle Global, Overseas, Gold and U.S. Value Funds. More...
Two legends of the value investing world, Marty Whitman and Jean-Marie Eveillard, shared their insights recently into the current crisis and forecasts for the economy and the markets. Wealth Track’s Consuelo Mack hosted the discussion between the two icons, which took place on March 31 at the Investment News Retirement Income Summit. More...
At First Eagle, gold serves as our insurance policy. Throughout the 1990s and this decade, we grew concerned with the Federal Reserve’s (the Fed’s) policies during Mr. Greenspan’s tenure as chairman. The Fed’s easy money policies were one of the reasons why we started our Gold fund in the fall of 1993 and why we have maintained a small position in gold and gold-related equities in all of our other portfolios. More...
Disclaimers: GuruFocus.com
is not operated by a broker, a dealer, or a registered investment adviser.
Under no circumstances does any information posted on GuruFocus.com represent
a recommendation to buy or sell a security. The information on this site,
and in its related newsletters, is not intended to be, nor does it constitute,
investment advice or recommendations. The gurus may buy and sell securities nm,qwerty1234567890-67890-uytrewpoiuytrewq a
before and after any particular article and report and information herein
is published, with respect to the securities discussed in any article
and report posted herein. In no event shall GuruFocus.com be liable to
any member, guest or third party for any damages of any kind arising out
of the use of any content or other material published or available on
GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com
or any content, including, without limitation, any investment losses,
lost profits, lost opportunity, special, incidental, indirect, consequential
or punitive damages. Past performance is a poor indicator of future performance.
The information on this site, and in its related newsletters, is not intended
to be, nor does it constitute, investment advice or recommendations. The
information on this site is in no way guaranteed for completeness, accuracy
or in any other way. The gurus listed in this website are not affiliated
with GuruFocus.com, LLC.
Daily updates provided by QuoteMedia, Inc. (CSI). Fundamental company data provided by Zacks, Inc.
Printer friendly format
