Commodities: between risk hedging and speculative boom

Natural resources and precious metals are regaining their place in investment strategies, buoyed by solid fundamentals and mistrust of sovereign debt. However, this reallocation is fuelling speculative momentum and some unusual movements. The ounce of gold fell back below the $4,000 mark this week. “Growing fragility on the markets”. The ...
/ Trend, Featured

SUBSCRIBE and benefit from our complete offer:

  • Follow our exclusive news, our decipherings, our in-depth interviews and our analyses on the financial markets and investments in Paris and in France
  • Access all of our articles in French and English
  • Subscribe to our weekly newsletter and activate real-time notifications
  • Consult our archive of thousands of articles: a real working tool.
  • Discover our subscription offers reserved for students and individuals with reduced VAT at 2.1%.

Latest publications

From the summit to the coast: investing in tourism at a crossroads

Between adapting to climate change and the quest for meaning, tourism is redefining itself. For responsible investors, this changing sector offers unique opportunities for ecological and social transition. Expert opinion from Augustin Vincent, Head of ESG Research, Mandarine Gestion The ...
/ Avis d'expert, Partnership

Fundsight opens a branch in Paris

Rebranded last June, the former Lemanik Asset Management intends to strengthen its position in France in order to support French institutional investors and asset managers. Following a lengthy process, the Luxembourg company was appointed last April as management company (ManCo) of Emergence, ...
/ Strategy
Frank Martin Laprade

The importance of vocabulary in quasi-criminal matters

In 2021, the Enforcement Committee of the AMF (Autorité des marchés financiers) fined a German company and its director €1.2 million (each) for manipulating the price of a derivative (FOAT) listed on ...
/ Avis d'expert, Regulation

Avis d'expert

Du sommet à la côte : investir dans un tourisme à la croisée des chemins

Entre adaptation climatique et quête de sens, le tourisme se redéfinit. Pour les investisseurs responsables, ce secteur en mutation offre ...
/ Avis d'expert, Partenariat
Frank Martin Laprade

De l’importance du vocabulaire en matière quasi-pénale

En 2021, la Commission des sanctions de l'AMF (Autorité des marchés financiers) avait infligé à une société allemande et à ...
/ Avis d'expert, Règlementation

Le Conseil constitutionnel valide la taxe GAFA : quelles implications pour les investisseurs?

Le Conseil constitutionnel, dans sa décision n° 2025-1157 QPC du 12 septembre 2025, a jugé conforme à la Constitution la ...
/ Avis d'expert, Règlementation

Loi nouvelle et recouvrement de créances

Dans un arrêt rendu le 10 septembre 2025, la Cour de cassation a clarifié les conditions d’application de la loi ...
/ Avis d'expert, Règlementation

L’ESG à la croisée des chemins

Dans un contexte géopolitique et économique incertain, l’année 2025 reste marquée par différentes propositions « Omnibus » de la Commission ...
/ Avis d'expert, Règlementation
Voir tous les avis d'expert

Strategy

Fundsight opens a branch in Paris

Rebranded last June, the former Lemanik Asset Management intends to strengthen its presence in France, to support French institutional investors and asset managers ...
/ Strategy

“We are in great demand from other European development banks”

Finascope interviewed Gorka Gonzalez Garcia, who attended the LPEA Insights event in Luxembourg on Thursday. The head of the retail business ...
/ Operation, Strategy

Wealth management: PAI Partners takes its turn in the big manoeuvres

The private equity fund is preparing to take a majority stake in the Cyrus group, which like Crystal, manages more than ...
/ Strategy

“International business has become a prerequisite for survival”.”

Jean-Mathieu Sahy, founding partner of asset management company Capital Export, is sounding the alarm after the publication of the ...
/ Strategy, Trend

Euronext welcomes Friedrich Merz's call for a "kind of European stock exchange".

Reacting to a speech by the German Chancellor in the Bundestag, Stéphane Boujnah, Chairman of the Euronext Management Board, says he is ready to ...
/ Strategy
See all Strategy articles

Regulation

Frank Martin Laprade

The importance of vocabulary in quasi-criminal matters

In 2021, the Enforcement Committee of the AMF (Autorité des marchés financiers) imposed a fine on a German company and ...
/ Avis d'expert, Regulation

Crypto-assets: France now has 10 MiCA-accredited players

The AMF (Autorité des marchés financiers) has just given the go-ahead to SG-Forge, Banque Delubac & Cie and Relai EU. From ...
/ Regulation

Sanctions and settlements: AMF records highest amounts in Europe in 2024

According to the European Securities and Markets Authority's (ESMA) second consolidated report on sanctions and settlements, the AMF ...
/ Press release, Regulation

The French Constitutional Council validates the GAFA tax: what are the implications for investors?

In its decision no. 2025-1157 QPC of 12 September 2025, the French Constitutional Council ruled that the ...
/ Avis d'expert, Regulation

New measures to facilitate access to quotations

Against a backdrop of declining attractiveness for investors, the Autorité des marchés financiers (AMF) is continuing its efforts to facilitate ...
/ Press release, Regulation
See all articles Regulation

Operation

“We are in great demand from other European development banks”

Finascope interviewed Gorka Gonzalez Garcia, who attended the LPEA Insights event in Luxembourg on Thursday. The head of the retail business ...
/ Operation, Strategy

No direct bitcoin, but a blockchain fund: Suravenir adjusts its offering

Crédit Mutuel Arkea's subsidiary refers to the Global Blockchain Equity fund managed by Tobam, while bitcoin ...
/ Operation, Strategy

Private equity: Magellim completes its range with an evergreen fund of funds

The Group, which is stepping up its diversification into private equity, has also just announced the launch of two new impact funds ...
/ Operation, Strategy

Entrepreneur Invest is moving forward with two new and original investment strategies

Heavily sanctioned by the AMF last November in connection with the Smart Tréso securitisation fund, the asset management company ...
/ Operation, Strategy

Sienna IM mobilises institutions and individuals to support the defence

The Héphaistos private debt fund, which is reserved for professionals, has completed its first closing with the support of the European ...
/ Operation, Strategy
See all articles Operation

Innovation

Lise inaugurates Europe's first tokenised stock exchange

Co-founded at the end of 2017 and headed by Mark Kepeneghian, Lightning Stock Exchange (Lise) has just obtained its authorisation from the ACPR in the...
/ Innovation, Regulation

SG-Forge is stepping up initiatives to promote its stablecoins

Société Générale's digital assets subsidiary is strengthening its partnership with Bitpanda in decentralised finance. There ...
/ Innovation, Strategy

Banque de France and Euroclear to switch short-term debt to blockchain 

[Finascope exclusive] The "Pythagoras" project, which is being carried out on the NEU CP market, marks the first large-scale ...
/ Innovation, Strategy

The Banque de France now encourages the creation of euro stablecoins

According to François Villeroy de Galhau, Governor of the Banque de France, who spoke at the Fintech Forum on Thursday, a two-pronged ...
/ Innovation, Strategy

What if cryptos had given the French back their desire to invest?

Very active in digital assets, Banque Delubac & Cie is seeing a growing interest in traditional assets and in the ...
/ Innovation, Trend
See all Innovation articles

Trend

Commodities: between risk hedging and speculative boom

Natural resources and precious metals are regaining their place in investment strategies, buoyed by solid fundamentals and the ...
/ Trend, Featured

“International business has become a prerequisite for survival”.”

Jean-Mathieu Sahy, founding partner of asset management company Capital Export, is sounding the alarm after the publication of the ...
/ Strategy, Trend

Private equity: the public sector offsets the withdrawal of institutional investors

According to France Invest, capital raising remained at a high level in the first half of the year. But the figure ...
/ Trend

Divided societies, a shaky world order: fragmentation worries risk experts and investors alike

The Future Risks Report 2025 by Axa highlights the perception of a deep and worrying divide within the main ...
/ Strategy, Trend

What if cryptos had given the French back their desire to invest?

Very active in digital assets, Banque Delubac & Cie is seeing a growing interest in traditional assets and in the ...
/ Innovation, Trend
See all Trend articles

Communiqués

Sanctions et transactions : l’AMF enregistre les montants les plus élevés en Europe en 2024

Selon le deuxième rapport consolidé de l’Autorité européenne des marchés financiers (ESMA) sur les sanctions et les transactions, l’AMF se ...
/ Communiqué, Règlementation

Les chiffres du marché français de la banque et de l’assurance en 2024 

Le rapport statistique annuel de l’ACPR (Autorité de Contrôle Prudentiel et de Résolution) complète son rapport d’activité, publié le 27 ...
/ Communiqué

De nouvelles mesures pour faciliter l’accès à la cotation

Dans un contexte de perte d’attractivité de la cotation, l’Autorité des marchés financiers poursuit ses actions pour faciliter l’accès à ...
/ Communiqué, Règlementation

L’AMF publie les enseignements de ses contrôles thématiques sur la gouvernance et le rôle des dirigeants des sociétés de gestion

Cette nouvelle synthèse « SPOT » porte sur la gouvernance et le rôle des dirigeants au sein de cinq sociétés ...
/ Communiqué, Règlementation

La Banque de France, l’ACPR et l’AMF lancent un premier exercice de test de résistance sur les interconnexions au sein du système financier

La Banque de France, l’Autorité de contrôle prudentiel et de résolution (ACPR) et l’Autorité des marchés financiers (AMF) lancent conjointement ...
/ Communiqué, Règlementation
Voir tous les communiqués

Appointments

Guillaume Brusson joins Sanso Longchamp AM

Sanso Longchamp Asset Management (€3 billion in assets under management) has announced the arrival of Guillaume Brusson, to manage and develop the ...
/ Appointment

Eron Angjele joins Banque Delubac, now a MiCA-accredited bank

On the occasion of obtaining its MiCA (Markets in Crypto-assets) authorisation, Banque Delubac & Cie announces the recruitment of Eron ...
/ Appointment

Grégory Taillard to head up HSBC Asset Management in France

Grégory Taillard will become chief executive of HSBC Global Asset Management (France) from 1 January 2026, subject to ...
/ Appointment

Charles-Henri Berbain joins Fundamental Partners as managing partner

Charles-Henri Berbain has joined the financing consultancy Fundamental Partners (more than €6 billion of financing advised since ...
/ Appointment

Cédric Thoma takes over as head of investments at Turenne Groupe in Montpellier

Turenne Groupe, a specialist in private equity investment in SMEs in France (more than €2 billion under management), is opening a ...
/ Appointment
See all nominations