Kepler Cheuvreux

Jon Cox discusses the luxury goods market this morning on CNBC following disappointing results in the space and he reiterates the cautious house stance on China. Jon argues that investors need to pay attention to genuine luxury, resilient categories and brands that continue to capture the imagination of consumers when making investment decisions.

Kepler Cheuvreux Solutions vous présente ses recent joiners ! Retrouvez dans cette vidéo : Edouard Guillez - Relations Investisseurs Entreprises, Maurizio Rocco - Sales Italy and Ticino, Sebastien Maio - Relations Partenaires et Vincent Brient- Ingénieur Financier.   Toute l’équipe de KCS leur souhaite la bienvenue.

Kepler Cheuvreux Credit Research team has initiated the coverage on Banco BPM, the third-largest banking group in Italy in terms of assets and client base.   With a strong presence in Northern Italy, it ranks behind UniCredit and Intesa Sanpaolo. Since 2017, Banco BPM has significantly transformed its business model, notably reducing its NPL stock and improving its efficiency ratio. Despite substantial progress, there is room for further improvement, as these metrics still lag behind Italian and European peers. Banco BPM is now embarking on a transformative journey to establish itself as a leader in the SMEs and corporate, aiming to integrate recently acquired businesses and strengthen its market position in wealth management and life insurance.   Banco BPM is now fully rated as investment grade, having benefited from significant rating improvements over recent years, thanks to its robust capital buffers, stable retail deposit base, and improving asset quality and profitability. Banco BPM’s euro-denominated Tier2 and AT1 bonds present a balanced curve, a favourable call exercise history, and a positive credit story. The bank has six Tier 2 and four AT1s bonds.   Kepler Cheuvreux Credit Research is composed of experienced credit analysts and is focused on four pillars: 1/ High-Yield bonds 2/ Corporate hybrid bonds 3/ European banks (additional tier 1 and tier 2 bonds) 4/ European insurers (RT1 and tier 2 bonds)   Contact: Sébastien BARTHELEMI and Cyril Benayoun, CFA.

"The market has played this out": François Digard, Head of French Equity Research at Kepler Cheuvreux, says the French hung parliament is already priced in.   This morning, François shared his insights on the markets following the French legislative elections during a live broadcast on CNBC with Sílvia Amaro from our trading floor in Paris. This discussion highlighted also the impact of the French election results on French Small & Midcaps and on specific sectors such as Banks or Media. Since the dissolution's announcement four weeks ago, the entire Research team at Kepler Cheuvreux has made its best efforts to provide investors with an accurate local insight, hand in hand with the Economics & Cross-Asset Strategy team, Sector Heads and the SmartConnect team.    https://lnkd.in/eBKvZeBx

We were delighted to welcome the CNBC team this morning for a live broadcast from our trading floor in Paris. Our experts François Digard (Head of French Research), Marc Guez (Head of Debt & Derivatives), and Arnaud Girod (Head of Economics & Cross-Asset Strategy) shared their insights on the markets following the French legislative elections. Many thanks to Sílvia Amaro, George Bextor, Helen Eggleton and to our speakers.

Kepler Cheuvreux is pleased to announce that CNBC will be broadcasting live from our Paris trading floor on the morning of Monday 8 July following the results of the French legislative elections. Don’t miss this chance to gain exclusive insights and in-depth analysis from Kepler Cheuvreux experts.

Chris McConville, our Global Head of Execution Services and Trading, has been awarded "Key Influencer in Equity Markets" at the European Markets Choice Awards 2024. This prestigious accolade reflects Chris’s outstanding leadership and impactful contributions to the equity markets. His vision and expertise continue to drive our success and innovation in execution services. Join us in congratulating Chris on this well-deserved award! Markets Media, Global Trading, Ian Rycott, Dan Barnes

We are thrilled to announce that KCx, the Execution division of Kepler Cheuvreux, has been awarded "Best Electronic Equities Trading" at the European Markets Choice Awards 2024! This recognition highlights our relentless pursuit of excellence and innovation in the financial markets. A huge thank you to our dedicated team and valued clients who trust us with their execution needs. Stay tuned as we continue to push the boundaries and deliver best in class trading solutions. We are shaping the future of electronic equities trading for our clients. Markets Media, Global Trading, Ian Rycott, Dan Barnes

Ellipsis European Convertible Fund est élu parmi les « 50 fonds à (re)découvrir » par le magazine Gestion de Fortune !   Lancé en mars 2010, le fonds propose une exposition directionnelle à l’ensemble du gisement d’obligations convertibles européennes. La sélection des souches obligataires s’appuie sur plus de 20 ans d’historique de gestion d’Ellipsis AM, exploitant l’ensemble de sources de performance spécifiques aux convertibles (sous-jacents actions, crédit, clauses contractuelles) et incarne les convictions de l’équipe de gérants-analystes. Le processus de gestion intègre une analyse extra-financière à 360° des émetteurs, selon des critères environnementaux, sociaux, de gouvernance et de durabilité. Ellipsis European Convertible Fund est labellisé article 8 SFDR.   Plus d'information ici : https://lnkd.in/en9W3mCK Avertissement : les performances passées ne sont pas un indicateur fiable des performances futures.

Arnaud Girod, Head of Economics and Cross Asset Strategy, was live on Bloomberg TV's "The Close" discussing the French legislative elections and their potential impact on the French market. Tune in to catch the Economics and Cross Asset Strategy team insights on the evolving political landscape and its implications for investors. Their latest report “Is the French exception over” discussed the evolution of French debt and the relationship with European stocks. The team: Arnaud Girod, Philippe Ferreira, Garrana Edouard, Martin Guri, Clément Genès and Joakim Tabet.