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Michel Saugné
From momentum to selection

From momentum to selection

The first half was characterised by concentration. The second could well be defined by selection. Driven by artificial intelligence, abundant...

“American Idiot” ¹

“American Idiot” ¹

Michel Saugné, CIO, La Financière de l’Échiquier (LFDE) │July 2025 The second half of 2025 has ushered in a quiet...

From the “end of history” to “history without end”

Michel Saugné, CIO, La Financière de l’Échiquier (LFDE) │June 2025 The world of yesterday, the era of happy globalisation, seems to...

From the “end of history” to “history without end”
Technology and sovereignty: rearming European active management!

Technology and sovereignty: rearming European active management!

Michel Saugné, CIO, La Financière de l’Échiquier (LFDE) May 2025 At a time when European sovereignty has become a strategic...

Is contrarianism set to make a comeback?

Michel Saugné, CIO and Enguerrand Artaz, Fund Manager, La Financière de l’Échiquier (LFDE) | January 2025   In markets as in...

Is contrarianism set to make a comeback?