Vincent Taupin

Operates as a private bank

Provides asset management, private banking, securities dealing and financial advisory services

Provides real estate investment, development & renovation and asset management services

Rothschild-PB is a conservative investment manager with a long-term outlook and a flexible investment style attuned to their customers' profile. Their overall investment approach emphasizes capital preservation and global diversification across asset classes. Their investment style is value-oriented for European securities and growth-oriented on Asian markets. The firm invests globally in equity, fixed-income, money market instruments and alternative products (arbitrage, event driven, long/short equity, trading, diversified and emerging markets). The firm uses a diversity of investment approaches, including bottom-up stock-picking based on fundamental analysis for their global and strategy-specific portfolios, and passive investment processes for their quantitative portfolios. In-house research combines contributions from a team of economists with a top-down view of markets and bottom-up analysis generated by a team of sector specialists. Analysts meet with company management as part of the research process. General investment decisions emanate from a committee, with fund managers responsible for incremental decisions.

RLD-IM is an active, long-term manager which believes that the dynamics of financial markets depend on the economic outlook, on how it is interpreted by investors and that in the long run, they follow recurring cycles. The firm conducted a study that concluded that: the long view is the only relevant one; that asset performance is closely linked to inflation/deflation and to the stability of the countries concerned; that the globalization of markets is leading to their convergence, particularly in times of crisis and that in order to really control risk, it has to be spread across a number of asset classes. RLD-IM’s Strategy Committee meets regularly to match these findings to current developments and has established the following targets: 1) Portfolio performance must exceed inflation significantly in the long run; 2) Recessions and stock market meltdown consequences must be kept to a minimum by diversifying; 3) Investment portfolios should be built with a minimum 24-month horizon because a well-balanced portfolio should be able to not lose money during this timeframe, regardless of market conditions and that they 4) adapt tactical allocation grids to market opportunities in real time and systematically compare them to a benchmark-balanced portfolio.