07.15.2026
Anis Lahlou on Europe’s Next Innovation Cycle
Anis Lahlou, CIO European Equities at Aperture Investors, discusses how renewed industrial investment is creating a new wave of opportunities across European equities.
Following his recognition among Citywire’s Top 250 Fund Managers in Europe and his award as Best Europe Equity Manager at the 2026 Citywire Iberia Distribution Awards1, Anis shares his perspective on the structural forces shaping markets today and why active stock selection is becoming increasingly important.
According to Anis, the investment opportunity extends far beyond traditional technology companies. The rapid expansion of AI infrastructure is driving demand across sectors including semiconductors, electrification, power infrastructure, industrial automation, datacentres, and digital networks. He believes Europe is playing a critical role in this evolving ecosystem, with many companies positioned to benefit from long-term structural growth.
Anis also highlights a broader industrial revival across Europe, supported by increased fiscal spending and infrastructure investment. Combined with the growing impact of AI, these trends are creating a market environment where identifying individual winners is becoming increasingly important for investors.
Despite strong market performance, he believes the AI investment cycle remains in its early stages, with opportunities emerging across power generation, grid infrastructure, construction, cooling, and electrification. As a result, maintaining a disciplined, high-conviction stock selection process remains central to generating long-term returns2.
Read the full article here: https://www.generali-investments.com/it/en/institutional/article/inside-citywire-s-top-250-ranking-anis-lahlou-on-europe-s-next-innovation-cycle
2There is no guarantee that the investment strategy will be successful or a positive investment return will be obtained. Capital is at risk of loss.
This communication relates to the Aperture Investors SICAV - European Innovation Fund (“European Innovation Fund"). Aperture Investors UK, Ltd is authorized as Investment Manager in the United Kingdom, regulated by the Financial Conduct Authority (FCA). The Management Company of the Fund is Generali Investments Luxembourg S.A., authorized as UCITS Management Company in Luxembourg, regulated by the Commission de Surveillance du Secteur Financier (CSSF).
This communication is directed at Professional and Qualified Investors only and therefore should not be accessed by any “retail” investors (as defined in local law/regulations) and is directed to recipients based in jurisdictions in which such investors are eligible to receive such a marketing communication. Before making any investment decision, please read the Prospectus and Key Information Document (KID) of the UCITS. The Fund’s risks are described in its Key Investor Information Document available at https://www.generali-investments.com
