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Interview
Interview ,
December 2016
Michèle Lacroix : “SCOR has strengthened its teams to invest more heavily in bank loans”
According to Michèle Lacroix, Head of Group Investment Office at SCOR, for several years, equity exposure has been strongly reduced in the group investment portfolio in contrast to its bank loan exposure...
Interview ,
December 2016
Marie Lemarie : “We have halved our equity exposures between 2011 and 2016”
According to Marie Lemarie, director of investments at Groupama SA, the conjunction of solvency and low-rate environment has militated for a reduction of the equity risk. Groupama has halved its equity exposures between 2011 and (...)
Interview ,
December 2016
Jean-Philippe Médecin : “Solvency II did not lead to a significant decline in our equity exposures”
Jean-Philippe Médecin, funding and asset-liability management director within the CNP Assurances investment department and its team are increasingly integrating hedges to limit the effects of market drawdowns…
Interview ,
December 2016
Agnès Lossi : "We expect a lot of progress in terms of dynamic balance sheet management and capital steering including their volatility, which is probably the major challenge for institutions."
According to Agnès Lossi, Partner and Director at Indefi, market risk contribution to capital requirements is high. It represents almost 50 % of the capital needs.
Interview ,
November 2016
Patrick Delestra : "Investing in thematic equities makes sense only if we use a specialist fund manager"
According to Patrick Delestra, Head of Equity at Apicil group, a balanced portfolio must used several kinds of strategies namely Small caps which outperform over the long term, Value equities that are undervalued and Growth stocks which are expensive but offer (...)
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Opinion
Opinion,
June 2016
Sustainable investing: sector rotations may prove short-lived
Hamish Chamberlayne, portfolio manager within Henderson’s global equity sustainable investment team, discusses the significant sector rotations seen in 2016. He explains why the reversals in the energy and healthcare sectors may prove short-lived, given the longer-term themes (...)
News,
June 2016
Multi-venue trading increases liquidity in EU equity markets despite duplicate orders, ESMA says
The European Securities and Markets Authority (ESMA) has issued today an economic report on order duplication and liquidity measurement in EU equity markets. Order duplication means that traders replicate the same order on multiple trading venues at the same (...)
Opinion,
June 2016
“Brexit”: dampening the downside but ready for opportunities
Paul O’Connor, Head of Multi-Asset, gives an update on the risks and opportunities in the run-up to the June EU referendum. With less than 40 days until the vote, opinion polls are fairly stable and suggest “remain” will be the outcome. However, the material risk of “Brexit” (...)
Opinion,
June 2016
Brexit referendum: more volatility ahead for Sterling
According to James Butterfill, Head of Research at ETF Securities comments, Brexit is the mother of all market uncertainties: legal, political, economic, polling and currency risk combining to make any confidence about the short-term outlook (...)
Opinion,
June 2016
Emissions crisis underscores shift to low carbon future
Nick Anderson, Portfolio Manager within Henderson’s global equity sustainable investment team, discusses the latest developments in the diesel emissions crisis. He explains why the crisis could be symptomatic of the world adjusting to a lower carbon (...)
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