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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

The art of fraud

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

“American Idiot” ¹

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

“American Idiot” ¹
From the “end of history” to “history without end”

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...

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...

Technology and sovereignty: rearming European active management!
A new golden age?

A new golden age?

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

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:...

Prosper first for common prosperity
Civil war

Civil war

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

Biodiversity, 10,000 billion opportunities

By Luc Olivier, Fund Manager, La Financière de l’Echiquier (LFDE) | November 2024 As COP 16 draws to a close in...

Biodiversity, 10,000 billion opportunities
Year of the Dragon: the Return?

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...

An orderly return to normal

By Olivier de Berranger, Deputy Chief Executive Officer and CIO, and Enguerrand Artaz, Fund Manager, La Financière de l’Echiquier (LFDE)...

An orderly return to normal