ShelteR in the Media

Capital gains tax as a trigger to structure wealth in funds

CEO Tim Vanvaerenbergh explains how ShelteR Investment Management structures larger portfolios into fund vehicles, and why the new capital gains tax is increasingly prompting that choice. He also discusses how the team decides between active and passive management, and how it selects unlisted investments.

Shelter IM: Scaling Up Without Losing the Boutique Spirit

In an interview, CEO Tim Vanvaerenbergh and founder Benedict Peeters explain how ShelteR Investment Management aims to grow without losing its boutique character. Thanks to AI, assets under management can increase significantly without the team having to grow much larger. Technology and an open-architecture model also shape how the company grows, while the focus remains on service, transparency and disciplined risk management.

Why emerging markets are beating developed ones

In an opinion piece, CEO Tim Vanvaerenbergh examines the latest ShelteR Investment Management Barometer. In the first half of 2026, 68% of actively managed global equity funds underperformed their benchmark, compared with only 39% in emerging markets. In his view, the real debate is not active versus passive, but where active management can genuinely add value.

Structure before selection: the decision that drives most of your returns

In an opinion piece, CEO Tim Vanvaerenbergh argues that investors often start with the wrong questions: which funds or stocks, which track record. Research shows that returns depend mainly on how assets are allocated across asset classes. ShelteR Investment Management therefore builds portfolios from building blocks and selects the best available manager for each component, including external ones.

3 favourite funds

Portfolio manager Amber Peeraer of ShelteR Investment Management shares her three favourites: a passive MSCI World Momentum tracker, the actively managed equity fund MS Global Opportunities and the Evli Nordic Corporate Bond fund.

ShelteR Barometer Q1 2026

Active management continues to underperform global stock indices

Consumer Credit: Are the Markets on the Verge of a “2008”-Style Crisis?

Ten Years of Sustainable Growth in Asset Management

In "Trends," Benedict Peeters and Tim Vanvaerenbergh explain how ShelteR Investment Management has grown into a well-established player in the sector over the past ten years.

What role can real estate play in an asset portfolio?

In Sudinfo, Benedict Peeters discusses how real estate fits into a diversified portfolio today, covering topics ranging from returns and financing to opportunities in Belgium and Spain.

Branch 23 and funds of funds are on the rise due to capital gains tax

The Luxembourg-based fund manager Shelter Investment Management is observing shifts in investor behavior aimed at avoiding the 10 percent capital gains tax, which has been in effect in Belgium since January 1. CEO Tim Vanvaerenbergh expects large investors to restructure their assets accordingly.

10 Years of ShelteR IM

The Luxembourg-based asset manager Shelter Investment Management (Shelter IM) is celebrating its tenth anniversary. It is led by two Belgians: Benedict Peeters, chairman of the board of directors, and CEO Tim Vanvaerenbergh.