Lionel Paquin (1970 France) is the CEO of Lyxor Asset Management a European asset management specialist with EUR 138.7 billion AUM and is wholly-owned by the French bank Societe Generale.

Lionel Paquin joined SocGen in 2004 after nine years as a senior civil servant in the French finance ministry. Three years later he transferred to Lyxor as chief risk officer.

In 2014, he became the first internal candidate to win the company’s top job. This was a break with tradition: previous Lyxor leaders have been from the parent bank.

Under Lionel Paquin management the company’s assets have grown from €80bn to €134bn.

“These are tough but very exciting times. I appreciate how lucky I am to be a part of this” said Lionel Paquin

Lyxor has won a string of awards from most innovative fund and contribution contribution to the industry and most transparent fund.

Lionel Paquin (1970 France) is the CEO of Lyxor Asset Management a European asset management specialist with EUR 138.7 billion AUM

INVESTMENT STYLE

Lyxor covers all investment styles active, passive, alternative and across most asset classes, as the industry develops. Lyxor has its roots in financial theory and in quantitative fund management.

“I believe in non-emotional asset management. It is impossible to be fully objective but I like things to be clear” says the chief of one of Europe’s fast-growing ETF providers. Lionel Paquin is an optimist. He jokes that having four children, aged 4 to 16, shows that “I’m confident about the future”.

But what about the political change we are experiencing, the rise of popular nationalism and protectionism?
“Populism is not good. It means simplistic solutions and brings a new source of uncertainty,” said Lionel Paquin.

“It cannot be the job of asset managers to predict the unpredictable: the right answer is agility and to be prepared for a range of outcomes.”

It cannot be the job of asset managers to predict the unpredictable: the right answer is agility and to be prepared for a range of outcomes – Lionel Paquin

LEARNING RESOURCES

“The industry has been criticised over insufficient performance and high fees. Now we are facing unprecedented – probably historical – market, political and social challenges,” said Lionel Paquin.

“We’re in a phase where those with the most skills will survive. Hedge funds need to differentiate and to innovate,” he says. “People with creativity and unique skills will survive” he added.

About alternative investments this is what Lionel Paquin had to say;
“Alternative investment makes sense. Institutional investors we talk to are looking for ideas. Where is yield? Where is performance? Where is the sustainability of performance? They all dream of these factors and alternatives is the place they will find this.”

“We’ve been putting money into early-stage managers and niche strategies through the managed account platform for years. Using the platform ensures larger investors are comfortable putting money into such managers. The platform helps mitigate operational risk and ensures liquidity and transparency” said Lionel Paquin.

We’re in a phase where those with the most skills will survive. Hedge funds need to differentiate and to innovate. People with creativity and unique skills will survive – Lionel Paquin

CONNECT WITH INVESTOR

Follow this World Top Investor via their various social media channels and read more about their background and current investment interests on their official website:

Lionel Paquin
www.lyxor.com/

TRADING SOFTWARE

Dan Loeb targets Sony. Dan Loeb is an activist investor and founder of Third Point, which oversees about $14.5 billion in assets.

Last year the activist investor viewed Campbell soup as a bargain when Third point reported that the soup maker could fetch a takeover value of $52 to $58 per share.

A year later and the activist investor Dan Loeb targets Sony

Dan Loeb's activist hedge fund Third Point is raising an investment vehicle to generate between $500 million and $1 billion so it can continue to buy Sony shares, according to a recent report in Reuters.