Kepler Cheuvreux and Unigestion have secured all necessary regulatory approvals ahead of the launch of Kepler Unigestion, a new partnership focused on quantitative strategies for listed equities.
According to Alexei Jourovski, CEO of Kepler Unigestion, the venture was created to address the evolving needs of sophisticated institutional investors navigating a highly complex market environment.
With regulatory clearance now in place, the partnership officially begins its rollout—integrating Unigestion’s equities team, now operating under the Kepler Unigestion brand within Kepler Cheuvreux (Suisse) SA, with Kepler Cheuvreux’s research and distribution.
Managing over EUR 3 billion in assets and comprising a team of 20 professionals as of June 2025, Kepler Unigestion aims to support institutional investors facing a landscape increasingly shaped by geopolitical uncertainty, elevated index concentration, and rapid style rotation.
“These investors face heightened macro and geopolitical risks, as well as the growing dominance of a few stocks in major indices. Our combined strengths allow us to bring a new level of precision and adaptability to the table,” Jourovski told Traders Magazine.
Kepler Unigestion says its competitive edge lies in its “Mind & Machine” investment toolkit—a hybrid framework that combines advanced artificial intelligence with human insight. “This is not just about algorithms,” Jourovski emphasized. “It’s about applying AI in ways that enhance, not replace, the decision-making capabilities of experienced investment professionals.”
In this first phase, the partnership is fully active in terms of collaboration and team integration. “Our investment team is already embedded in Kepler Cheuvreux’s offices and working hand-in-hand with their teams,” Jourovski explained. “The next step is to create a new jointly owned entity that will accelerate our development, particularly through external growth opportunities.”
The firm previously invested in AI-driven equity management through its proprietary CoreAI approach, which launched in the early 2020s.
That system blends machine learning with macroeconomic and fundamental signals, with the objective of providing strong risk-adjusted returns. More recently, the AI capabilities have been applied to defensive portfolios, with the aim of enhancing capital preservation while maintaining upside potential.
For U.S.-based firms and global investors seeking alpha in international markets, Kepler Unigestion’s quant models are specifically designed to address challenges such as liquidity fragmentation, FX risk, and market microstructure variation.
“Our models include dedicated macro and FX factors that allow us to distinguish between stock-specific and systemic risks, as well as a sovereign CDS spread indicator for country risk and a proprietary ‘Liquidity-at-Risk’ model to assess market depth,” said Jourovski.
“These quantitative tools, combined with Kepler Cheuvreux’s fundamental research, place us in a strong position to deliver alpha in regions like Europe and Asia, where our strategies have historically performed well,” he added.
With the launch now underway, Kepler Unigestion aims to develop innovative equity products, broaden its client base, and pursue targeted growth opportunities in close collaboration with both parent firms.
