Asset management

“The consolidation of the sector remains a fundamental trend”

Xavier Parain, Deputy Secretary General of the AMF, welcomes the ability of Place de Paris to incubate and approve young management companies. How is asset management doing in France? The French asset management business model is working well. Place de Paris is able to incubate and approve young management companies that are starting out. There […]

Asset management

Daniel Fighiera finds an entrepreneurial environment

The former Deputy CEO of Tocqueville Finance joins Auris Gestion as Director of Equity Management and member of the Executive Committee. HIS NEWS Daniel Fighiera, previously Deputy CEO of Tocqueville Finance, was recruited as Director of Equity Management and member of the Executive Committee of Auris Gestion, “An independent and entrepreneurial structure, with which I […]

Asset management

Assets under management in France reached a record level at the end of 2017

630 management companies were authorized in France at the end of 2017 for a total of assets under management of over 3.800 billion euros. The Autorité des marchés financiers is publishing its overview of management companies for the year 2017 on Tuesday. Here is what we can learn from it. Six hundred and thirty management […]

Asset management

Ostrum Asset Management announces a major austerity cure

The management company wants to reduce its costs by 25% in two years and is considering 50 voluntary departures within its Parisian teams. Ostrum Asset Management (formerly Natixis AM) is continuing its reorganization. Its managing director, Matthieu Duncan announced to employees on Tuesday that he wanted to reduce costs by 25% by the end of […]

Asset management

Management: costs in the sights of the market policeman

Feedbacks and integrated networks are in the sights of the European financial market regulator. A huge challenge for the sector, as individuals regularly pay twice as much as institutions in management fees. The distribution of savings products to individuals could experience a small revolution in the years to come. The European Securities and Markets Authority […]

Asset management

Christophe Mianné, wealth manager

The former head of market activities at Société Générale is pursuing a second career in asset management. He recently joined Cyrus Conseil, an independent asset management player in France. Not even a pandemic can prevent it from embarking on its new challenge. Christophe Mianné had just two weeks to meet the Cyrus Conseil teams before […]

Asset management

Why banks and insurers dominate the management market in Europe

On both sides of the Atlantic, management leaders have different profiles: independent and focused on passive management in the United States, subsidiaries of large banking and insurance groups betting on active management in Europe. With the announcement of the sale of the 22% stake in PNC Financial to the capital of BlackRock, the largest asset […]

Asset management

Responsible management: divest or engage in dialogue?

Responsible management is on the rise, but the term covers many different practices. Managers are divided in particular on the usefulness of dialogue with companies in relation to threats of divestment. A false debate, according to a study by Scientific Beta, which defends their complementarity. What’s the best way to influence companies for an asset […]

Asset management

Franck Dixmier takes the helm of global bond management at AllianzGI

The management subsidiary of the German insurer is launching an integrated global bond management platform. Its news Franck Dixmier has been appointed head of the new global bond platform AllianzGI, the asset management subsidiary of the German insurer. This platform manages 193 billion euros in assets and has 102 employees, including 86 in Europe and […]