French bond yields rise above Spain for first time in decade-and-a-half
Indicator that investor confidence in France is declining
FRENELUX
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Is Renault eying a new investment partnership with Chinese investment bank?
French car giant Renault has confirmed it has held “friendly discussions” with China International Capital Corporation (CICC). Confirmation of the talks with the investment bank came during a briefing to Reuters in which a spokesperson for the automobile manufacturer said the talks were around China’s market. It is understood from earlier reporting in the Chinese…
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France buoys position as Europe’s tech start-up centre
France has been identified as the second-largest start-up “ecosystem” on the continent. The claim was made in an article on the site Maddyness, which also posited that Paris was set to become a ‘boomtown’ for investment in artificial intelligence (AI). Hugo Borensztein, co-founder and CEO of AI platform Omi, who was interviewed for the piece,…
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France still top FDI destination despite post-pandemic drop
France has retained top spot as Europe’s top destination for foreign direct investment (FDI), despite a 7% fall in European projects since the pandemic, according to Ernst & Young (EY). The management consultant’s report, Navigating Through Turbulence, stated there were 1,259 projects in France in 2022, making it the biggest recipient of projects in Europe…
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Is France becoming Europe’s go-to FDI destination?
This year’s ‘Choose France’ summit, held at Versailles this month, has led to pledges of €13bn of future investment in the country. Reporting from Euractiv indicated more than 200 chief executives, including Tesla and Twitter supremo Elon Musk, attended the event. While Musk did not make any overt pledge, 28 company-specific projects were reportedly announced,…
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Bank of America sets out stall in Luxembourg
Bank of America has signalled its intentions for a push into the European funds market by setting up a new branch in Luxembourg. It was reported on Reuters earlier this week the group was hiring Benoit Nevouet to be the new branch’s manager, poaching him from BNP Paribas. Bank of America said in the Reuters…
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La Française appoints Guillaume Cadiou as CEO
Tasked with driving forward its multi-boutique asset management business plans
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Carmignac shakes up its fund management team
With BNP Paribas Asset Management alum joining the cross-asset team
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Mapfre AM ups stake in French ESG mutual fund boutique
The firms have jointly launched SRI products over the past five years
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Hawksford acquires ACT Management Services
Strategic deal forms part of its global expansion plans
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Sycomore Asset Management appoints CEO
BNP Paribas and Credit Agricole alum Denis Panel succeeds co-founder Emeric Préaubert
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Carmignac hires fund manger duo from Candriam
As it unveils plans to launch two merger arbitrage strategies