Jean-Marie Eveillard Explained

Jean-Marie Eveillard (born 1940) is a French international investor who currently serves as the senior investment adviser to First Eagle Funds.[1] Eveillard, who served more than a quarter century as a portfolio manager, was co-honored in 2001 by Morningstar, Inc. as "Stock Manager of the Year" and was a finalist for their 2009 "fund manager of the decade award for non-U.S. stocks". In 2003, the group gave him a "Fund Manager Lifetime Achievement" award.

Biography

Eveillard was born in Poitiers in 1940 and attended the École des Hautes Études Commerciales before entering the world of finance in 1962 with a position at the Société Générale.[2] In 1970, two years after he relocated to the United States, Eveillard took a position with SoGen International Fund as an analyst, becoming portfolio manager of the SoGen International Fund (as of 2000, First Eagle Global) in 1978 or 1979.[3] [2] [4] [5] He remained in the position, managing the First Eagle Global, Overseas, Gold, and U.S. Value Funds, until December 31, 2004,[6] during which time he had become — according to Fortune magazine — "one of Wall Street's best value investors".[5] In 2001, Eveillard was honored as Morningstar's International's "Stock Manager of the Year. In 2003, Morningstar bestowed on Eveillard a "Fund Manager Lifetime Achievement Award", created to recognize "mutual fund managers who throughout their careers have delivered outstanding long-term performance, aligned their interests with shareholders, demonstrated the courage to differ from consensus, and shown the ability to adapt to changes in the industry."[7]

Eveillard transitioned to the role of Senior Adviser to First Eagle Funds in March 2009, a position he also held from January 2005 to March 2007. In 2009, Eveillard was a finalist for the Morningstar "fund manager of the decade award for non-U.S. stocks."

In addition to his role as senior adviser, Eveillard continues to be a member of First Eagle Funds' Board of Trustees and a Senior Vice President of First Eagle Investment Management, LLC.[8] Eveillard is the William von Mueffling Professor of Professional Practice in the Finance and Economics division of Columbia Business School.[9]

Notes and References

  1. Web site: Jean-Marie Eveillard on Toyota Motor Corp. Situation . gurufocus.com . 23 February 2010 . 2010-03-09.
  2. Web site: Jean-Marie Eveillard . panachemag.com . 2010-03-09 . dead . https://web.archive.org/web/20100718112050/http://www.panachemag.com/File/Jean-Marie_Eveillard/ . 2010-07-18 .
  3. News: Review, The not-so-surprising secrets of wealthy investors . en-US . Washington Post . 2022-10-21 . 0190-8286.
  4. Web site: Jean-Marie Eveillard - Profile . gurufocus.com . 2010-03-09.
  5. Eveillard: A value maestro's encore . FORTUNE Magazine . 19 June 2007 . Birger . John . 2010-03-09.
  6. Book: Chan, Ronald . The Value Investors: Lessons from the World's Top Fund Managers . 2012-08-06 . John Wiley & Sons . 978-1-118-33932-9 . en.
  7. Web site: Jean-Marie Eveillard and Ralph Wanger to Receive Fund Manager Lifetime Achievement Awards at Morningstar Investment Conference . Morningstar.com . 26 June 2003 . 2010-03-09.
  8. News: Green . William . The World's Best Investors . en-US . 2022-10-21.
  9. Web site: Columbia Business School Directory . 2014-04-29 . https://web.archive.org/web/20140430013617/http://www4.gsb.columbia.edu/cbs-directory/detail/7538701/Jean-Marie+Eveillard . 2014-04-30 . dead .