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Reaching for the stars

Reaching for the stars

Christophe Pouchoy, International Thematic Equity Manager, La Financière de l’Échiquier (LFDE) | November 2025 The world is embracing microgravity manufacturing,...

Mission impossible ?

Mission impossible ?

Alexis Bienvenu, Fund Manager, La Financière de l’Échiquier (LFDE) | October 2025 Central banks are questioning their purpose. In Europe,...

The art of fraud

Olivier de Berranger, CEO, La Financière de l’Échiquier (LFDE) | September 2025 Article 1137 of the French Civil Code states...

The art of fraud
“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...

A new golden age?

Gold is glittering – it has risen 25% since the start of the year, topping USD 3,300 per ounce on...

A new golden age?
Prosper first for common prosperity

Prosper first for common prosperity

In August 2021, in the midst of the Covid crisis, the Chinese president revived a phrase dating back to 1953:...

Civil war

Olivier de Berranger, CEO, La Financière de l’Échiquier (LFDE) | February 2025 In response to the Thirty Years’ War, Richelieu...

Civil war
Is contrarianism set to make a comeback?

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...

Year of the Dragon: the Return?

By Alexis Bienvenu, Fund Manager, La Financière de l’Échiquier (LFDE) | October 2024 A civilization four thousand years old has...

Year of the Dragon: the Return?