What Moneta Asset Management does

Moneta Asset Management is a Paris-based, 100% employee- and manager-owned equity fund management firm founded in 2003 by Romain Burnand and regulated by the AMF under GP 03-010. It manages approximately €4 billion of assets through 8-9 UCITS funds and 5 closed-end vintage vehicles, distributed exclusively through financial intermediaries (banks, wealth-management advisors, online brokers, life-insurance contracts, PEA) across France, Belgium, Switzerland and Luxembourg. The product set focuses purely on European equities: Moneta Multi Caps (core conviction Eurozone), Moneta Micro Entreprises (micro/small-cap flagship), Moneta Long Short (~40% net market exposure) and Moneta Midcap Dynamic, plus the MME 2026-2030 vintage closed-end series. Revenue is generated from management fees on AUM and performance fees, with pricing not publicly disclosed and contracts negotiated via a dedicated sales team (Stéphane Binutti) and an international IR lead (Bo Huang).

The firm runs a fundamentals-driven, contrarian stock-picking process supported by an in-house trading desk and a proprietary ESG rating system called Moneta VIDA that is operated directly by the portfolio management team. Moneta has executed approximately fifteen major shareholder-governance actions since inception, working with the minority-shareholder association ADAM and proxy advisors to defend minority interests. Headcount stands at 33 full-time staff, organised across portfolio management, equity analysis, trading, sales/IR, compliance and risk, finance and operations; notable recent senior additions include COO Aurélien Salino (2024, ex-PwC/Lazard), CFO Denis Lo Biondo (2024, ex-KPMG/Vinci) and Head of Compliance Thomas Stengel (2024, ex-SCOR IP). Distribution infrastructure is anchored by Société Générale Securities Services as custodian/central administrator for a Luxembourg SICAV, plus Waystone and Banque Cantonale de Genève for Swiss qualified-investor access.

The business model is asset-light and AUM-sensitive: revenue scales with fee-bearing AUM and performance fees, and the firm is intentionally concentrated on European active equity with no debt, no external shareholders and no parent. Constraints include formal exclusion of U.S. and U.K. investors, public AuM inconsistency between language sites (€3B vs €4B), and an absence of disclosed financial figures, which limits external visibility on margin and net flows.

Name

Moneta Asset Management

Legal name

Moneta Asset Management

Website

https://moneta.fr

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

Moneta Asset Management is an independent, 100% employee-owned Paris-based equity fund manager founded in 2003, running approximately €4 billion across nine UCITS funds and closed-end vintages for professional and HNW investors in France, Belgium, Switzerland and Luxembourg.

Ownership category

akta.pro rank

Product category

Active Equity Fund Management

NAICS

Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro primary industry

Multi-Strategy — Single-Manager, Multi-PM (FSAHAFAB)

Keywords

• Equity fund management
• UCITS fund management
• Active asset management
• Small-cap equity investing
• Stock-picking research

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Fund Management Fees: Management fees charged on assets under management across its 8-9 UCITS funds including Moneta Multi Caps, Moneta Micro Entreprises, Moneta Long Short, and MME 2026-2030 series.
2. Performance Fees: Carried interest and performance fee structure typical of French asset management funds.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Moneta Asset Management is an independent equity fund management company that runs a focused range of 9 UCITS funds — including Euro-zone all-cap, micro-cap, long-short and mid-cap strategies, plus closed-end MME vehicles — using a fundamental, bottom-up stock-picking approach with integrated ESG analysis. Products are distributed to professional investors through financial institutions and directly via an institutional sales team, and to individual investors through life insurance contracts, securities accounts and PEA wrappers.

Product overview

Moneta Asset Management is an independent equity fund management company offering a focused portfolio of 9 investment funds. The core offerings include Moneta Multi Caps (all-size Euro zone equities), Moneta Micro Entreprises (micro/small-cap focus), Moneta Long Short (European long/short equity with ~40% market exposure), and Moneta Midcap Dynamic (mid-cap equities). Additionally, five closed-end funds (MME 2026-2030) provide time-limited investment vehicles. The firm employs its proprietary ESG rating system, Moneta VIDA, across its investment process. All funds follow a fundamentally-driven, stock-picking investment philosophy with active shareholder engagement.

Differentiator

Problem solved

Functional benefit

Products and services

• Moneta Multi Caps Concentrated conviction UCITS Euro-zone equity fund invested in companies of all sizes, representing the firm's core fund and its flagship all-cap strategy. Targeted at professional investors and individual investors via life insurance, securities accounts and PEA wrappers in France, Belgium, Switzerland and Luxembourg.
• Moneta Micro Entreprises UCITS equity fund focused on European micro-enterprises and small caps, leveraging the firm's long-standing expertise in the segment, for professional and individual investors accessing Moneta funds through intermediaries.
• Moneta Long Short UCITS European long-short equity fund with close to 40% net market exposure, offering long-only equity-like upside with reduced volatility and downside risk versus traditional long-only equity funds. Distributed to professional investors and via financial intermediaries.
• Moneta Midcap Dynamic Fund focused on European mid-cap equities, providing exposure to dynamic mid-sized companies as a specialist allocation for professional and private investors in the firm's core markets.
• MME 2026 Closed-end fund in the firm's MME series with a 2026 maturity/vintage year, structured as a time-limited investment vehicle.
• MME 2027 Closed-end fund in the firm's MME series with a 2027 maturity/vintage year, structured as a time-limited investment vehicle.
• MME 2028 Closed-end fund in the firm's MME series with a 2028 maturity/vintage year, structured as a time-limited investment vehicle.
• MME 2029 Closed-end fund in the firm's MME series with a 2029 maturity/vintage year, structured as a time-limited investment vehicle.
• MME 2030 Closed-end fund in the firm's MME series with a 2030 maturity/vintage year, structured as a time-limited investment vehicle.

Quantifiable outcome

• Long-term equity performance through disciplined stock-picking on undervalued companies

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Société Générale S.A.coreStrategic or Co-development PartnerCustodian and facility provider for the Luxembourg SICAV Moneta AM Fund. Provides processing of subscription, redemption, and repurchase orders for the Luxembourg-domiciled fund structure. SOCETE GENERALE SECURITIES SERVICES handles central administration.
• Waystone Fund Services (Switzerland) SAcoreChannel Partner/ Reseller/ DistributorOfficial Swiss representative for distributing certain Moneta funds in Switzerland to qualified investors per Swiss collective investment scheme regulations.
• Banque Cantonale de GenèvecoreChannel Partner/ Reseller/ DistributorSwiss paying agent for Moneta funds distributed in Switzerland, facilitating investor payments and fund administration for Swiss investors.
• ADAM (Association Des Actionnaires Minoritaires)coreStrategic or Co-development PartnerFrench minority shareholders association led by Colette Neuville. Moneta collaborates with ADAM on corporate governance actions to defend minority shareholder interests in portfolio companies. Key partner in shareholder activism initiatives.
• External Legal CounselminorImplementation/ SI/ Consulting PartnerLegal advisors consulted as necessary for corporate governance actions and regulatory matters, costs borne entirely by Moneta.
• Colette Neuville (ADAM President)coreStrategic or Co-development PartnerIndividual expert advisor providing guidance on minority shareholder rights and corporate governance best practices in France.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Mandarine Gestion: Paris-based independent active equity manager running European and global equity strategies. Similar boutique profile, distribution model via financial advisors, and ESG integration philosophy.
• Varenne Capital: Paris-based independent active equity manager focused on European listed equities with a long-term, conviction-driven approach. Comparable boutique scale and investor base.
• DNCA Finance: French active asset manager offering equity, fixed income, and multi-asset funds with a conviction-driven, fundamental approach. Comparable boutique scale and European equity mandate focus.
• Comgest: Paris-headquartered independent active equity manager with a similar quality-growth, long-term stock-picking philosophy and European/international equity funds. Closely comparable in size, independence model, and concentration on fundamental research.
• Sycomore Asset Management: French independent active equity and credit manager with deep ESG commitment and shareholder engagement. Closely aligned on the integration of fundamental research, ESG, and active governance.
• Amplegest: Paris-based independent asset manager offering European equity and flexible mandates. Comparable size and distribution primarily through private banks and IFAs in France.

Broad incumbents

• Lazard Frères Gestion: Paris-based asset management arm of Lazard with a broad multi-asset and active equity offering, larger AuM, and institutional reach. Overlaps in active European equity but at significantly greater scale and product breadth.
• Amundi: Europe's largest asset manager with active equity, passive, multi-asset, and alternatives. Overlaps with Moneta only in active European equity, but operates at vastly greater scale and serves as a benchmark competitor in distribution.
• Oddo BHF Asset Management: French-German asset manager with active equity, multi-asset, and private debt capabilities. Comparable on the equity side, but operates as a broader, multi-strategy platform.

Emerging players

• Financière Tiepolo: Smaller Paris-based boutique asset manager focused on active European equity. Smaller-scale but similar philosophy and target client base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/moneta-asset-management
• Xx.com/MonetaAM
• Facebookfacebook.com/Moneta-Asset-Management-139651306049768

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Moneta Asset Management