LFPI Asset Management exceeds 200 Million Euros in Short Duration
A little over two years after its creation, LFPI Short Duration exceeds € 200 million in assets (€ 206 million as of 28/10/2014).
This fund has succeeded in finding its position in our clients’ portfolios, in particular as an investment support for long-term cash. Based on a Top / Down approach, the management process allows for active management of duration and credit risk. We remain vigilant on current rate movements and will not hesitate, if the need arises, to reduce our sensitivity to 0.
LFPI AM’s total outstandings were, as of 28/10/2014, € 335 million.