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.
Submitted by Jérôme Malaise on Tue, 09/23/2014 - 15:05
Our ETF Inside Out September Analysis focuses on a highly competitive index: the FTSE 100. The market offers a dozen of funds replicating this index and the competition is fierce with a few players aggressively targeting investors with expense ratios as low as 9bps. The tracking difference (yearly excess return) between the best and the worst performer over the comparison period is astonishing: 65bps.
Submitted by Emilien Audeguil on Fri, 06/20/2014 - 14:35
Koris International recalls the latest advances of relative risk control in the Smart Beta universe, and argues that Dynamic Risk Budgeting techniques with properly defined floors can allow gaining access to their long run expected over performance while controlling for the potential underperformance to a level set ex-ante.
Submitted by Jérôme Malaise on Fri, 05/30/2014 - 11:06
In the research paper ‘Predictive Systems under Economic Constraints’, Maxime Bonelli and Daniel Mantilla Garcia propose a variation of a predictive system that incorporates the economically motivated assumption that equity expected returns are unlikely to be negative. They also present an application within a maximum drawdown control strategy showing the significant risk-adjusted performance improvements of using the system.
Submitted by Jérôme Malaise on Fri, 05/16/2014 - 12:52
European ETFs are said to be much less efficient than their US counterparts. Despite this fact, the MSCI Europe Index ETFs we have analyzed should allow the industry to keep the head up: close to nil tracking error and extremely low tracking differences with the index for most issuers.
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, 09/01/2014 - 15:58
Koris International is pleased to announce its participation to the institutional breakfast / debate organized by our partner Federis GA (asset management arm of the French social welfare and mutual group Malakoff Mederic) on October 8th, 2014 in Paris. This event will attempt to provide answers to the following question: “How to combine a diversified fixed-income approach with a risk control methodology in such a low-yield environment?“
Koris International is pleased to announce that Maxime Bonelli, Koris’ R&D team member, will participate in the 13th Academic Conference of the International Institute of Social and Economic Sciences (IISES) on September 16th, 2014, in Antibes, France. This conference will gather a renowned society of economists, social scientists and professors.
Submitted by Jérôme Malaise on Mon, 09/01/2014 - 12:29
Koris International chairman and co-founder, Philippe Malaise, will attend to the passive asset management round-table along with index solution providers, Lyxor Asset Management and Vanguard Asset Management, at the Morningstar Investment Conference France 5th Edition on September 9th, 2014 in Paris.
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.
ORIAS n° 13000579 www.orias.fr 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.