24/09/2012
Groupama AM brings Sigma unit within Investment Solutions division
Groupama Asset Management this morning announced that its Sigma asset management unit (which develops an absolute return, Total Return and flexible management product range) is joining the Investment Solutions division at the firm. Henri Chabadel is taking over as head of the new unit, which includes 40 specialists, while Claire Bourgeois becomes deputy director, while retaining her position as head of management for ALM Taux et Actions. In addition to the Sigma management teams, the Investment Solutions division includes the active/liability management (ALM) management team, dynamic allocation, financial engineering, and responsibility for Corporate Group & Savings Solutions. The new organisation will allow the firm to benefit from synergies between the various management units of the business, a statement says. Before joining the teams at Groupama AM in February 2008 as head of Directional Multi-management and Allocation, and in 2001 becoming head of the Sigma management unit, Henri Chabadel had been head of the risk control and quantitative analysts unit at the Banque du Louvre, and the multi-management manager at Louvre Gestion. Claire Bourgeois becomes deputy director of the Investment Solutions division, while retaining her position as head of management for ALM Taux et Actions. Before joining Groupama AM in 2007 to become head of the ALM and Credit unit and fixed income, she worked at BNP Paribas AM from 2005 to 2007 as a bond manager specialised in credit. At the end of August, Groupama Asset Management had EUR88.8bn in assets under management.
