Frédéric Montagne

Provides investment services

BPE PB is an active manager which employs a structured investment process aiming to avoid extremes (growth or yield) and which is based on the opportunistic convictions of their portfolio managers. The firm's investment process is based on collective decisions reflecting the opinions and beliefs of managers, and integrating quantitative and qualitative research within and outside the La Banque Postale Group. Investment committees utilize a central scenario to allocate investments by asset class (equities, bonds, money market), geography (Europe, US, Asia, Emerging Markets) and by instrument (directly-held securities and mutual funds), aiming to establish a single model for each portfolio which optimizes portfolio management risk/return. BPE PB seeks to construct custom portfolios to meet client objectives. In addition to performing analyses of the European economic and financial environment, stock selection is facilitated by regular meetings with business leaders and close ties with analysts and brokers. To measure management mandate performance, they typically employ a benchmark consisting of one or more indexes.