Sycomore Asset Management appoints CEO
BNP Paribas and Credit Agricole alum Denis Panel succeeds co-founder Emeric Préaubert
BNP Paribas and Credit Agricole alum Denis Panel succeeds co-founder Emeric Préaubert
As it unveils plans to launch two merger arbitrage strategies
Payments are forecast to hit a new all-time high of €387bn this year
But are the champagne corks being popped too early?
European Alpha Ucits fund seeks capital appreciation with low to negative correlation to equity markets
But it will not invest directly in hedge funds
Italy is hoping an emergency budget will stave off recession, while France, Germany and Spain batten down the hatches
‘Increase in emergency funding is a worrying sign as central banks fight to tame surging inflation’
The boutiques will work together to ‘bolter their respective market positioning’
Firm wants to become a major player in French asset management
In line with its ‘strategy of providing massive support for the development of renewable energy and the energy transition in Europe’
Smaller companies have been the traditional target but that could be set to change