Submitted by Jérôme Malaise on Fri, 04/04/2014 - 11:01
Koris International is very pleased with Swell AM announcement on April 3rd, 2014 regarding the launch of Swell Enhanced Cash Dynamic Allocation with €40 million AuM, a French mutual fund solely dedicated to professional investors and advised by Koris International. The fund aims at beating the EURIBOR 3 Months Index + 100bps while limiting the maximum drawdown to 2% over a 12 month rolling horizon.
Submitted by Jérôme Malaise on Fri, 02/14/2014 - 11:45
On February 3rd 2014, Bank of America Merrill Lynch announced the launch of the Merrill Lynch Investment Solutions (MLIS) - Merrill Lynch Dynamic Capital Protection UCITS Fund, managed by Merrill Lynch International and advised by Koris International.
Submitted by Jérôme Malaise on Tue, 02/11/2014 - 14:31
Philippe Aurain (Deputy CEO and CIO of Fédéris GA) explains us the positioning of Fédéris GA (FGA), the asset management arm of the social welfare group Malakoff Médéric, and emphasizes on the firm's latest development. Indeed, he introduces the recently launched fixed income fund of funds, Pro Rendement Global, combining FGA's fund selection skills with Koris' dynamic risk budgeting techniques.
Submitted by Jérôme Malaise on Sun, 01/26/2014 - 12:17
Nicolas Duban (Chairman NExT AM), Olivier Ramé (Chairman Swell AM) and Jean-René Giraud (C.E.O. Koris International) exchange views on the evolution of the portfolio management industry in an environment of loose monetary policies. They especially underline the importance of tactical asset allocation under a dynamic risk control framework.
Submitted by Jérôme Malaise on Fri, 01/17/2014 - 10:51
In order to continue expanding its institutional product offering, Banque Bonhôte & Cie joins forces with Koris International to offer dynamic risk management solutions to Swiss pension funds and social security plans.
Koris International shares its experience of nearly a decade in assessing Exchange Traded Funds (ETFs) risks and performances to help investors on the complex topic of ETF selection. This first analysis focus on MSCI Emerging Markets Index ETFs, provides full transparency on the extensive list of indicators, data sets and setup elements considered when assessing the quality of an ETF.
Submitted by Jérôme Malaise on Tue, 03/18/2014 - 17:10
This article illustrates the potential benefits of the excess drawdown control strategy, recently introduced in Mantilla-Garcia (2013). It features a new and more flexible loss control strategy that allows using, for instance, a portfolio of High Yield bonds as performance driver and an Investment Grade portfolio as reserve asset, instead of cash.
Submitted by Jérôme Malaise on Mon, 03/10/2014 - 12:35
“Growth Optimal Portfolio Insurance for Long-Term Investors” has been accepted for publication in the Journal of Investment Management (JOIM). In this research paper, Koris’ head of R&D, Dr Mantilla-Garcia, determines the optimal varying multiplier of a portfolio insurance strategy in the general case with a stochastic reserve asset. The results obtained show that the strategy significantly outperforms the standard CPPI strategy in most scenarios over long horizons.
Solvency II increases the capital requirement for investments in risky assets, thereby representing a challenge for investors under the regulatory framework. This article introduces the problem faced by insurance companies and discuss the various options available or being developped.
Submitted by Jérôme Malaise on Sun, 12/08/2013 - 16:14
Historically, most pension funds have relied on a static asset allocation approach aiming at generating returns at least equal to that of a given composite benchmark. The CERN Pension Fund, a Swiss franc defined benefits pension scheme, was one of them. The risk profile they chose conducted them to record pronounced losses in 2008. Dampened by this experience, they adopted a dynamic capital preservation approach in 2010.
Submitted by Jérôme Malaise on Fri, 03/21/2014 - 17:47
Koris International will take part in the State Street Global Advisors Insights Seminar on April 3rd 2014 in London. During this event gathering renowned European, American and Asian institutional investors, Jean-René Giraud (Koris International’s CEO and co-founder) will exchange views with financial industry peers at a roundtable called “Beyond Active and Passive – Advanced Beta Comes of Age” and introduce Koris’ recent review of Emerging Market ETFs.
Submitted by Jérôme Malaise on Mon, 03/03/2014 - 15:08
(Erick Jarjat, Newsmanagers) The investment advisory firm Koris International started 2014 remarkably well with announcing several commercial agreements in France and abroad. In an interview to Newsmanagers, Jean-René Giraud, Koris' CEO, discusses the firm's history, strategy and forthcoming developments.
Submitted by Jérôme Malaise on Wed, 01/08/2014 - 18:10
Koris International, recognized expert in dynamic asset allocation techniques, and Instit Invest, first media exclusively dedicated to the institutional investors community, announce the signing of a cooperation agreement with regards to asset allocation issues faced by European pension funds, insurers and other professional investors.
Koris International's workshop presentation at EDHEC-Risk days in London, lead by Dr. Mantilla Garcia, head of R&D, on "developements of dynamic risk-controlled asset allocation strategies" included myths about Portfolio Insurance, the introduction of a Growth Optimal Portfolio Insurance strategy and generalizations of former portfolio insurance strategies.
ORIAS n° 13000579 Financial investment advisor registered under No. D011872 by the CNCIF, association approved by the French regulator (AMF). Conseiller en Investissements Financiers Enregistré sous le n° D011872 auprès de la CNCIF, Association agréée par l’Autorité des Marchés Financiers.