“We are necessarily a short-term institutional investor”

The mission to protect the banking and financial assets of depositories of the Fonds de Garantie des Dépôts means that the fund is an institutional investor which has no precise knowledge of its off-book liabilities, nor of the timing of its requirements. Thierry Dissaux, who is chairman of the Fund, explains to Newsmanagers the management constraints that characterise this process, and, with a volume of EUR2bn in assets under management currently, the ultimate management which he brings to bear in a low interest rate context.
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