CV

The Sunday Telegraph - Money & Business - - Business -

From: Cluses in Savoie

Lives: Paris, near Champs-élysées Fam­ily: Mar­ried to Do­minique with three chil­dren

Ca­reer: 1995 chief fi­nan­cial of­fi­cer So­ci­ete Gen­erale, 1999 ex­ec­u­tive com­mit­tee Credit Ly­on­nais, 2003 deputy chief ex­ec­u­tive Credit Agri­cole CIB, 2007 chief ex­ec­u­tive Credit Agri­cole As­set Man­age­ment

Hob­bies: foot­ball, cy­cling, con­tem­po­rary his­tory and Ge­orges Laut­ner films world, a sin­gle in­vest­ing sys­tem is much more im­por­tant than in­di­vid­ual fund man­agers with their egos and the­o­ries.

Per­rier re­sists com­par­i­son with the be­he­moths of Wall Street, of course, but even­tu­ally re­lents.

“If I had to make a com­par­i­son I would say the com­pany that we are clos­est to is prob­a­bly Black­rock,” he says. “It has all kinds of ex­per­tise and so do we. Ac­tive, pas­sive, mon­e­tary funds, struc­tured prod­ucts etc. Black­rock has put a great em­pha­sis on in­fra­struc­ture and IT just like we are do­ing.”

Amundi is in a rush to ex­pand. The pain of a decade of low in­ter­est rates and the re­sult­ing squeeze on mar­gins has been much bet­ter ab­sorbed by the big as­set man­agers. The rapid de­vel­op­ment of in­vest­ing tech­nol­ogy means the gi­ants also have an ad­van­tage as the costs are wider spread. Per­rier de­scribes the style as “An­glo-saxon”, but Amundi’s em­pire­coun­try

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