FE Fundinfo have awarded Mark Denham Best Alpha Manager for his continuous outperformance on European equities over the long term.

We're pleased to announce that Mark Denham has been named as FE fundinfo’s Best Alpha Manager in the European equities category.
The Alpha Manager awards showcase and celebrate exceptional fund managers, who are leaders in the industry and have consistently outperformed their peer group over time. The awards take into account a fund manager’s full career, including each fund they have managed as well as which companies they’ve worked for.
Be part of the European awakening
After two years of stagnating economic growth, Europe appears to be finally emerging as an economic powerhouse. It stands to be one of the main beneficiaries of the faltering US market despite the correction of European quality growth stocks over recent months. However, moments when high-quality companies can be bought at discounted prices are relatively rare. We are convinced that now is a good opportunity to acquire (more) shares of strong businesses with sustainable competitive advantages and consistent earnings trajectories at a significant discount.
Mark Denham joined Carmignac in 2016 as a Portfolio Manager and he is now Head of Equities. He manages, among other funds, FP Carmignac European Leaders -fund which aims to leverage on hidden opportunities within the region. Through a bottom-up approach, Mark focuses on European ex-UK quality companies with long-term growth prospects. Over the last 20 years, Mark has developed a distinctive approach when identifying companies capable of weathering economic cycles while aiming for long-term industry leadership. His investment process is based on two specific criteria: high and sustainable profitability, and reinvestment of earnings to support future growth. Mark’s quality approach also comprises a sustainable scope enabling the Fund to contribute positively to society and the environment.
Watch Mark Denham present FP Carmignac European Leaders
Methodology
FE fundinfo chose 60 nominees over 12 categories for its 2025 awards based on their Alpha Manager rating (Mark has been rated for several years). This ranking means they are within the top 10% of managers overseeing funds for UK-based retail investors, with the top five highest scoring managers in each asset class category being nominated. Award winners are decided by FE fundinfo’s analyst team.
FE fundinfo is a financial data company connecting the investment industry in the UK, Europe, and Asia Pacific – all on one integrated platform. For further information about FE fundinfo ratings or methodology, please visit: https://fefundinfo.com/products/institutions/ratings.

FP Carmignac European Leaders
FP Carmignac European Leaders A GBP ACC
- Recommended minimum investment horizon
- 5 years
- Risk indicator*
- 6/7
- SFDR - Fund Classification
- Article -
*Risk Scale from the KIID (Key Investor Information Document). Risk 1 does not mean a risk-free investment. This indicator may change over time.
Main risks of the fund
Fees
- Maximum subscription fees paid to distributors
- -
- Redemption Fees
- -
- Conversion Fee
- -
- Ongoing Charges
- 0.89%
- Management Fees
- 0.67% MAX
- Performance Fees
- -
Footnote
Performance
| FP Carmignac European Leaders | +2.2 | +6.8 | +13.9 | −14.8 | +13.9 | +27.1 | +18.2 |
| Reference Indicator | +12.8 | +1.9 | +14.8 | −7.6 | +16.7 | +7.5 | +8.8 |
| FP Carmignac European Leaders | +8.6% | +7.4% | +10.3% |
| Reference Indicator | +10.3% | +10.5% | +8.8% |
Source: Carmignac at 30 May 2025.
Date of 1st NAV : 15/05/2019.
Past performance is not necessarily indicative of future performance. Performances are net of fees (excluding possible entrance fees charged by the distributor). The Fund presents a risk of loss of capital.
The return may increase or decrease as a result of currency fluctuations, for the shares which are not currency-hedged.
Reference Indicator: MSCI Europe ex UK NR index