Olivier Thébault, partner at Allen & Overy and Mia Dassas, counsel at Allen & Overy, explains how PSPCs work, their advantages and disadvantages and the strong attraction of investors for this type of vehicle ...

CPR AM, the thematic equities arm of the largest European asset manager Amundi, is expanding its range of investment solutions dedicated to combatting climate change with the launch of: CPR Invest – Climate Action Euro, an open-ended Eurozone equity fund and CPR Invest – Climate Bonds Euro, a Euro-denominated open-ended bond fund;

CPR Asset Management maintains a bias favorable to value stocks. Nonetheless, the management company took some profits in some of these segments during the month, such as North American small caps and the oil sector.

Momentum stocks experienced a correction since Pfizer announced their Covid-19 vaccine results early November. Performance has nonetheless stabilized over the course of March, as the rebound in Value stocks has been persistent and started to be shown in the Momentum risk factor.

CNP Assurances and its partner Tikehau Capital, an alternative asset management group, are launching the first private-equity unit-linked product on the energy transition theme, exclusively for CNP Patrimoine customers.