Ludovic Douge

The Amundi World Investment Forum is almost here. Here’s a sneak peek of what's to come for our clients and partners. Offering them insights into the current #macroeconomic and #geopolitical landscapes, the transitions underway, and their impact on investment portfolios is at the heart of our mission.

4

1 commentaire

“We believe there has never been a better time to be a bondholder in subordinated debt issued by companies in the financial sector.” Romain Miginiac, Fund Manager at Atlanticomnium who manages Credit Opportunities and Sustainable Climate Bond strategies for GAM Investments, discusses the strong fundamentals of European banks and his latest perspective on the pricing of extension risk. Read more here: https://ow.ly/rtn030sIfZI Marketing Communication | Capital at Risk #GAM #EuropeanBanks #Bonds #SubordinatedDebt #InvestmentInsights

6

“There’s $3 trillion wrapped up in private capital markets right now,” Ardian's Mark Benedetti points out — a situation keeping hedge funds and endowments on edge as they question return timelines. Despite this, there’s room for optimism. The logjam of capital calls versus distributions is starting to ease, from 170% in 2021 to 110% today. It’s progress, but plenty of capital is still tied up. Strong performance gives Benedetti hope —Ardian’s portfolio has seen double-digit EBITDA growth in the past year. Plus, dry powder is aging; about 25% of buyout dry powder is over four years old, pushing funds to deploy that capital. With this backlog loosening, Benedetti predicts an active Q4 and Q1. It’s crucial for firms to align their strategy and leadership, ensuring they’re ready to seize the opportunities as the bid-ask spread tightens. Listen to the full interview here: https://lnkd.in/gexd4gFS

3

2 commentaires

ECB Rate Cuts: Navigating Treasury Solutions | Join our Amundi Webinar Are you a professional investor looking to optimize your treasury strategy in light of the ECB's recent key rate cuts? Join our exclusive webinar featuring renowned speakers Patrick Simeon et nathalie Coffre, discover the most effective treasury solutions for today’s market conditions. Date: September 24th, 2024 Time: 10:30 AM - 11:00 AM CET https://lnkd.in/eXajAwR5 This webinar is dedicated to professional investors only #Amundi #AmundiLiquiditySolutions #Treasury #Investment #ECB #InterestRates #Webinar #ProfessionalInvestors #RenownedSpeakers

26

⊙ Proud that our Ostrum Actions CAC 40 strategy has been rewarded at the 2024 Refinitiv Lipper Fund Awards!   🏆 Equity France - Best Strategy over 3 Years: Ostrum Actions CAC 40   We are proud to have been rewarded with this prize, celebrating over two decades of commitment to performance. Our rigorous investment process has enabled us to benefit from our long-term strategy in a particularly uncertain market environment.   👏 Congratulations everyone! Emmanuel Bourdeix Mathieu Bigot Pierre Savarzeix Nicolas Just Juan Sebastian Caicedo, CFA Ruixing CAI, CFA Dorian A.   More info on our website 👉 https://lnkd.in/eXxTNhs9   Invest. Pro #MarketingCommunication This is a marketing document and is designed for information purposes only. All investments carry risks, including the risk of capital loss. Any reference to a ranking, certification, award and/or rating provides no guarantee of future performances on these aspects, or of the fund or fund manager. Any performance figures mentioned refer to previous years. Past performances are not a reliable indicator of future showings.

90

9 commentaires

Interactive Brokers Introduces PEA Accounts for French Investors Interactive Brokers (NASDAQ: IBKR) has unveiled its Plan d’Epargne en Actions (PEA) accounts, offering tax-advantaged savings options to French clients. These accounts allow investors to build diversified portfolios with access to French and European stocks, ETFs, and mutual funds while benefiting from low costs and a preferential tax structure. "PEA accounts are a cost-effective way for French individuals to invest for the future," says Steve Sanders, EVP of Marketing and Product Development. By incorporating PEA accounts into its suite, Interactive Brokers aims to accelerate growth in France and provide a comprehensive one-stop shop for tax-advantaged and global investments across 150 markets. Highlights of the PEA offering: Access to global markets: Combine PEA tax benefits with a unified trading account offering global stocks, options, futures, and currencies. Cost efficiency: Competitive pricing with no custody or transfer fees, and seamless account transfers. Diverse securities: Choose from a broad range of European securities to align with savings goals. Interactive Brokers continues to differentiate itself in Europe’s competitive brokerage market with its advanced technology, low commissions, and a broad product selection, catering to the evolving needs of investors. With France ranking among Europe’s largest retail investment markets, the addition of PEA accounts strengthens Interactive Brokers' position against competitors like Degiro and Saxo Bank, further tapping into a growing base of tech-savvy, cost-conscious investors. Interactive Brokers (NASDAQ: IBKR) manages over $400 billion in client assets and serves a global user base exceeding 2 million investors across more than 200 countries #InteractiveBrokers #PEAAccounts #InvestingInFrance #ETFs #EuropeanMarkets #GlobalInvesting #RetailInvesting #TaxAdvantagedAccounts #FinancialInnovation #WealthManagement #TechAndFinance #ARKInvest

7

1 commentaire

What a turnout, many thanks to all participants that came to our annual event that we held on the 6th of June. Eric Sturdza Investments offered a whole range of answers when we welcomed our #international guests to our annual conference. We were #delighted to present a truly #international line-up of speakers: Louis-Vincent Gave from Gavekal and Raphaël Sobotka from Amundi , along with our own portfolio specialists Yutaka Uda, Shasha Li Mafli, Scott Utzinger and Eric Vanraes who shared insights into Japan's #economy, opportunities in #Asia, investing in owner-operators and the role of hybrid #bonds in a portfolio. Warren Giles Damir Zjacic Jerome Sack Nicolas Huras Jerome Papailhau Pascal Perrone Alexandre DERUAZ, CFA Ludovic LABAL David Haynal, CFA, CQF Alexis Bitz Oana Buscaneanu Bertrand DIDIER Louis Rieu Coges Corraterie Gestion Banque Eric Sturdza SA Eric Sturdza Management Company S.A.

20

Great to participate in yesterday's Roundtable discussion on #consolidation in #Brussels, hosted by the #EuropeanCommission.    With renewed momentum around this topic, we had a dynamic and insightful exchange on how to move towards more efficient #capitalmarkets, by tackling barriers to integration of market infrastructure and scaling up of investment funds.    Topics like #FinancialLiteracy, centralization vs local specificities across markets, further reduction of regulatory fragmentation and many other topics were addressed, with a firm commitment to jointly work on finding solutions to have a better #CapitalMarketsUnion.    #AllianzGI #CapitalMarkets #EU #Consolidation #Fragmentation #ScaleUp    Valérie Urbain, Giorgio Modica, Carmine Di Noia, Karolina Rzońca-Bajorek, FCCA, Marcel Haag

150

5 commentaires

Excited to share the new Gain.pro report on French PE market 🇫🇷🌟 What are the key takeaways? ✔️ PE-backed entries are on track to hit a new high this year, driven by a surge in activity in the Services, Industrials and TMT sectors. ✔️ PE exits are up, driven by a particularly strong Sponsor-to-Sponsor exit market, but multiples have dropped to 9.3x, and holding periods are now at 6.1 years. ✔️Ardian leads as the largest sponsor investing in France, managing a total estimated EV of €12.6bn in the region, followed by Bpifrance (€11.1bn) and Clayton, Dubilier & Rice (€10.6bn). Download the full report here ➡️ https://okt.to/I2rQzE

11

UBS Revamps How It Sells Private Asset Funds as Demand Booms : Unified Global Alternatives pooling all of the bank’s private-markets offerings into one unit to provide a wider offering of alternative funds — everything from buyout shops to hedge funds to real estate — to all of its clients : Private Markets have been booming over the past decade thanks to low interest rates and rising valuations, helping pension funds and institutional investors to boost returns they wouldn’t find in public markets : UBS’s asset management and wealth business together manage $250 billion of invested assets in alternative markets

1

1 commentaire

Happy to see our European equity pension fund listed among the top performers in the European Equity category according to the Morningstar ranking. This year has been notably challenging for European equities, with multiple uncertainties affecting key sectors such as automotive, French banks and luxury, among others. The short-term outlook will be no less volatile. The US elections, the economic slowdown in China and political challenges in France and Germany, the moderation of monetary policy and the challenges of energy transition, among others, will be key factors for in the Europe as well as global outlook. Many thanks to the team for the professionalism and focus on clients that so much characterises AXA. Source: https://lnkd.in/dQ7Gpt5c

13

A new very interesting credit in our portfolio.

33

BLI - Banque de Luxembourg Investments has published the latest edition of ‘Perspectives’, its latest financial markets analysis. Topics of Q2/2024 amongst others: - The possibility of recession in the United States is still in the balance. - After the considerable slowdown in inflation over the past 18 months, a return to the 2% target looks more problematic. - The gap between what equity markets are pricing in and what is happening in reality is growing. 👉 English version: https://lnkd.in/eS2-B5dR 👉 Version française : https://lnkd.in/evkvpdmA 👉 Deutsche Version: https://lnkd.in/ejtxJrBg 👉 Nederlandse versie: https://lnkd.in/eUQV8BDq #financialmarkets #analyses #economy #investmentstrategies #recession #stockmarkets #assetmanagement #luxembourg

13

🌐 Reflecting on an Insightful Peer-to-Peer Session at the Amundi World Investment Forum 2024 🌐 A warm thank you to all our clients who participated in the pension funds peer-to-peer session at the Amundi World Investment Forum 2024. Your engagement and insights were invaluable. We were honored to have industry experts Karin Franceries, Frédéric Hoogveld, CFA, CAIA and @Sergei Strigo lead our discussions. Together, we explored crucial topics shaping our sector: • Investment Trends and Challenges: Understanding the current landscape and navigating the complexities of pension fund investments. • Climate Investment Solutions: Leveraging passive indexes to drive sustainable and impactful investments. • Emerging Markets Debt: Evaluating and integrating EM debt within our allocation strategies. • Long-Term Opportunities: Identifying and capitalizing on opportunities that promise sustainable growth and stability. The exchange of ideas and experiences has allowed us to better address the challenges ahead and seize new opportunities. We look forward to continuing this journey together. Thank you once again for your participation and contributions. #AmundiWIF2024 #PensionFunds #InvestmentTrends #ClimateInvestment #EmergingMarkets #LongTermGrowth

63

🇺🇸 🦅 2024 US Election: The Ultimate CIO Primer. 📊 Election day is finally here. The stakes for markets are high. And the outcome is anyone's guess! To help CIOs and other professional investors, we've aggregated research and insights from leading investment firms - AGF Investments, Amundi, Carmignac, Pictet Asset Management, BlackRock, Capital Group, Federated Hermes, J.P. Morgan Asset Management, Martin Currie, MFS Investment Management, Vanguard - into a concise briefing pack via Markets Recon. There are many scenarios, but the investment industry seems to agree: 👇 1️⃣ Expect volatility and uncertainty 🌬 2️⃣ Focus on fundamentals over political cycles 👩‍💻 3️⃣ Debt and fiscal policy will likely shape the longer-term outlook - regardless of the winner. 🔭 Do you agree with the asset managers' views across asset classes? What strategies, sectors, themes and markets do you think could serve long-term investors following the election? ** When investing your capital is at risk | Not investment advice | Do your own research ** #USElection2024 #MarketOutlook #InvestmentInsights #MarketsRecon

36

6 commentaires

BLI - Banque de Luxembourg Investments has published the latest edition of ‘Perspectives’, its latest financial markets analysis. Topics of Q4/2024 amongst others: - The remarkable resilience of the US economy seems set to continue. - The rotation observed on stock markets in the third quarter is set to continue. - The main risk for stock markets at present is geopolitical. 👉 English version: https://lnkd.in/et9ACtNM 👉 Version française : https://lnkd.in/eN42GmQS 👉 Deutsche Version: https://lnkd.in/ezRiuiNv 👉 Nederlandse versie: https://lnkd.in/e-d6rMkz #financialmarkets #analyses #economy #investmentstrategies #recession #stockmarkets #assetmanagement #luxembourg

36