Catherine Rey

HSBC-TBI is a conservative investment manager focused on capital preservation. They tailor their investment approach to their clients' profile. The firm invests in international equity and equity funds, fixed income including high-yield bonds, convertible bonds, money market instruments and derivatives, favoring OECD countries. The Asian portfolios are managed jointly with the Hong Kong team and are invested in Japan, Malaysia, South Korea, Taiwan and Thailand focusing on sectors such as financials, technology, telecommunications and raw materials. The firm also invests indirectly in the European industrial real estate sector through specialist investment trusts, focusing on the UK as well as France and Germany. Risk management focuses on asset liquidity and geographical diversification.

VP Bank uses active, top-down investment management for long-term results. The firm believes that a key element in managing investments is a global network to enable the exchange of expertise between the European, American and Asian investment centers. They therefore rely on regional and global experts when defining their strategy. Their trading activities are divided between their commercial products, money markets, currencies and precious metals, and dealing teams. VP Bank uses quantitative financial models in addition to their in-house experts. They actively simulate and monitor investment risks.