Head of Investment and client solutions
Euro equities : what potential now after a 20% increase ?
17.04.2015 - Franck Nicolas
Market analysis by Franck Nicolas, Head of Investment and clients solutions.
"Equities in the eurozone have gained more than 20% since the end of last year. Investors might well ask if there is any more room for further progress after such a booming performance. If growth forecasts for the eurozone are to be believed, GDP is expected to advance 1.5% this year and could indeed reach around 2% growth the following year. Even if these forecasts are perhaps a little optimistic, growth in the eurozone is likely to increase more than long-term interest rates, which is often a deciding factor in triggering a self-perpetuating movement on the economic front."
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Franck Nicolas holds a PhD in Economics from the University of Aix–en-Provence, a PhD in Management from the University of Paris 1 Panthéon-Sorbonne, and an MBA from HEC Business School in Geneva.
Franck began his career in 1991 as equity portfolio manager at Compagnie Financière Benjamin & Edmond de Rothschild, a financial holding company, in Geneva, Switzerland. From 1994 to 1998, he was fixed income portfolio manager at HSBC Midland Bank. In 1999, he joined Ixis Asset Management as financial engineer, and was then appointed director of quantitative engineering & research in 2002. In 2005, he also took in charge of the economic research & strategy department.
In 2007, Franck Nicolas was appointed head of Global asset allocation & ALM at Natixis Asset management. He is currently Head of Investment & Client Solutions.