Alpha Asset Management MFMC -Honored at the Best Fund Managers Awards 2024
Alpha Asset Management MFMC Honored at the Best Fund Managers Awards 2023
The "Best Fund Managers’ Awards 2024" ceremony, organized annually by the Panhellenic Association of Mutual Fund & Bond Shareholders (PEMAKO), was successfully held.
These awards, recognized by the business and investment community as a premier financial sector event, once again attracted key figures from politics, government, and business from Greece, Cyprus, and abroad.
Alpha Asset Management MFMC received seven awards for mutual funds that achieved the highest returns in their respective categories.
About the Company
Alpha Asset Management MFMC, a member of the Alpha Bank Group, is one of Greece’s leading asset management firms for both retail and institutional investors, with over 35 years of investment expertise. As an innovator in the Greek market, the company introduced Fund of Funds in 2005 and launched Greece's first exchange-traded fund (ETF) in 2008, which tracks the Athens Stock Exchange.
As of February 28, 2025, the company's total assets under management (AUM) reached €6.1 billion, marking an increase of 39% in 2024. Alpha Asset Management MFMC manages 44 mutual funds based in Greece and Luxembourg, covering all major investment categories across both Greek and global capital markets.
The company manages Greece’s largest mutual fund, “Alpha Global Allocation Mixed Fund,” with total assets of €820 million as of February 28, 2025.
The “Alpha ETF FTSE Athex Large Cap”, Greece’s only exchange-traded mutual fund listed on the Athens Stock Exchange, has maintained a 17-year presence in the market. In 2024, it achieved an outstanding return of +17.77%, with trading volume increasing 121% compared to 2023.
Additionally, the company manages €1 billion in separate accounts for institutional clients, including pension and occupational funds, as well as insurance companies.
Since December 2018, Alpha Asset Management MFMC has been a signatory to the United Nations-supported PRI (Principles for Responsible Investment) Initiative. Aligning with Alpha Bank Group’s commitment to ESG integration, the company has expanded its range of sustainable investment products. By the end of 2024, its ESG-focused mutual funds reached €313 million in assets under management, positioning it as a leader in green investment solutions.
Award-Winning Fund: "Alpha Greek Bond Institutional":1st place in the Greek Bond Mutual Fund category (2023 performance: +14.66%)
The "Alpha Greek Corporate Bond Fund" aims to achieve income and capital appreciation over a medium to long-term horizon, primarily investing in Greek corporate bonds, while also having the flexibility to invest in Greek government bonds and treasury bills. The portfolio is actively managed with the objective of forming views on the yield curve and corresponding yield spreads.
The return of the "Alpha Greek Corporate Bond Fund" (Institutional share class) amounted to 12.04% for the period 1/1/2022 – 31/12/2024 and 9.47% for the year 2024, ranking first in its category for both periods.
Ms. Christina Sevastaki (left) receives the awards for the "Alpha Greek Corporate Bond Fund".
"Alpha Prosperity I 90-140 Balanced Mutual Fund": 1st place in the category of Greek Balanced Mutual Funds for the year 2024.
The "Alpha Prosperity I 90-140 Balanced Mutual Fund" aims to generate income and capital appreciation while seeking to preserve investors' capital over a 5-year horizon, with its maturity on 15.12.2028. The Fund primarily invests in a diversified portfolio of euro-denominated senior bonds issued by companies within and outside Greece, with a weighted average maturity of 5 years.
The return of the "Alpha Prosperity I 90 -140 Balanced Mutual Fund" for the year 2024 amounted to 11.02%, ranking first in its category.
Ms. Christina Sevastaki (left) receives the award for the "Alpha Prosperity I 90-140 Balanced Mutual Fund".
"Alpha Target Maturity V 2028 Bond Fund": 2nd place in the category of Target Maturity Bond Mutual Funds for the year 2024.
The "Alpha Target Maturity V 2028 Bond Fund" aims to generate income and capital appreciation while also pursuing capital preservation for its unit holders over a five-year investment horizon, with its maturity set for 15.12.2028.
The Fund primarily invests in a diversified portfolio of euro-denominated senior bonds issued by companies within and outside of Greece, with a weighted average maturity of five years.
In 2024, the Fund delivered a return of 6.37%, earning the second award in its category.
Ms. Christina Sevastaki (left) receives the award for the "Alpha Target Maturity V 2028 Bond Fund."
"Alpha Global Blue Chips Equity Fund": 1st place in the category of Developed Markets Equity Mutual Funds for the period 1/1/2022 – 31/12/2024 and 2nd place for the year 2024.
The "Alpha Global Blue Chips Equity Fund" aims to achieve income and long-term capital appreciation, primarily investing in large-cap equities in developed markets. The Fund’s active management is based on quantitative and qualitative assessment, selecting companies with strong fundamentals, leading market positions, and sustainable competitive advantages. Additionally, it follows an investment strategy incorporating environmental and social criteria, in compliance with Article 8 of Regulation (EU) 2019/2088.
The return of the "Alpha Global Blue Chips Equity Fund" (Institutional share class) amounted to 37.44% for the period 1/1/2022 – 31/12/2024, ranking first in its category, and 30.16% for the year 2024, ranking second in its category.
Mr. Triantafyllos Konstantinou (left) receives the awards for the "Alpha Global Blue Chips Equity Fund".
"Alpha Fund of Funds Cosmos Stars USA ESG Equity Fund": 1st place in the category of Equity Fund of Funds for the period 1/1/2022 – 31/12/2024 and for the year 2024.
The "Alpha Fund of Funds Cosmos Stars USA ESG Equity Fund" primarily invests in UCITS shares or units with exposure to the U.S. equity market, aiming to achieve income and long-term capital appreciation. Its active management is based on quantitative and qualitative criteria, selecting UCITS managed by leading investment houses. Additionally, it applies specific ESG criteria, shaping a portfolio with high sustainability performance.
The return of the "Alpha Fund of Funds Cosmos Stars USA ESG Equity Fund" (Institutional share class) amounted to 32.92% for the period 1/1/2022 – 31/12/2024 and 28.47% for the year 2024, ranking first in its category for both periods.
Mr. Antonis Fanaradellis (right) receives the award for the "Alpha Fund of Funds Cosmos Stars USA ESG Equity Fund".
"Alpha Global Allocation Balanced Fund": 1st place in the category of Balanced Mutual Funds domiciled in Greece and 3rd place including Balanced Mutual Funds domiciled in Cyprus for the year 2024.
The "Alpha Global Allocation Balanced Fund" invests in a diversified portfolio, primarily of international equities and bonds, aiming to achieve total return through income generation and capital growth over a medium to long-term horizon.
In 2024, the Fund’s performance (Classic D share class) reached 16.36%, earning the third award in its overall category, while ranking first among Balanced Mutual Funds domiciled in Greece.
Mr. Antonis Fanaradellis (left) receives the award for the "Alpha Global Allocation Balanced Fund".
"Alpha Bancassurance EE 106 Structured Mutual Fund": 2nd place in the category of Structured Mutual Funds domiciled in Greece for the year 2024.
The "Alpha Bancassurance EE 106 Structured Mutual Fund" aims to offer capital preservation, income generation, and capital appreciation. It invests in bonds, money market instruments, and other securities, as well as in one or more over-the-counter derivatives contracts.
The Fund seeks to achieve a return equivalent to 90% of the performance of the equity index "Citi Large Cap 40 Eurozone & Greece 30/10 EW NTR Decrement 4.5% EUR Index," provided that the index performance is positive. In the case of negative index performance, the Fund seeks to offer protection of the invested capital.
The Fund's performance for 2024 reached 8.34%, earning the second award in its category.
Mr. Michalis Perdikis (left) receives the award for the "Alpha Bancassurance EE 106 Structured Mutual Fund".
