The 300 Club, a global independent group of investment professionals, has welcomed Pascal Blanqué, global chief investment officer (CIO) at Amundi, as its newest member.
Blanqué has been global chief investment officer, head of institutional investors and third party distributors and a member of the Executive Committee at Amundi since February 2005. He was also appointed chairman of the Board of CPR Asset Management in January 2007.
Prior to joining Amundi, he was deputy director of the Economic Research Department at French investment bank Paribas and also spent four years as a strategist in asset allocation at Paribas Asset Management in London.
As an economist and financial historian, Blanqué has authored a number of books and academic papers focusing on monetary issues, the functioning of financial markets and the philosophical foundations of economics. In 2013, Funds Europe awarded him European CIO of the Year.
Blanqué says: “There has never been greater need for sound investment advice to bridge the gap between dissatisfied savers and investment companies. Growth in the investment industry should not be at the expense of the wider economy and society. By challenging the norms we can tackle some of the negative impacts of poor governance on society.”
Lars Dijkstra, chairman of the 300 Club, says: “In his latest book, Essays in Positive Investment Management, [Blanqué] describes very eloquently how modern portfolio theory promises dreams but delivers nightmares. His expertise as an economist, a financial historian and investor will be of great value to the 300 Club.”
The 300 Club members continue to publish a series of papers focusing on some of the challenges the investment management industry faces. Prior to Blanqué, the latest appointment to the 300 Club was Lombard Odier’s Jan Straatman in July.
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