AI is driving up demand for GPU chips and infrastructure investment, as data centers may require x7 more power. The risk of under-investing is greater than the risk of over-investing.
Electric vehicles requires 2x more electronic components.
Groupe La Française is a major player in the asset management industry in Europe. *
As the multi-expertise asset management division of Crédit Mutuel Alliance Fédérale, we gather a number of complementary asset management companies, covering a complete and diverse asset classes expertise. Within this asset management division, Crédit Mutuel Asset Management (CM-AM) offers a large range of investment solutions for retail, corporate and institutional clients.
*IPE Top 500 ranking
Focus on a key strategy: the CM-AM Convictions funds range
A proven stock-picking strategy based on key trends.
The range includes 2 high-conviction equity funds: CM-AM Convictions Euro and CM-AM Convictions USA, which focus on supporting the growth of companies considered as value-creating companies in Europe and in the United States.
Why invest in this fund range ?
« We invest in business models that are understandable, sustainable, and well-positioned in attractive sectors.
Our management style is proactive and based on strong convictions. We adapt this style to suit market conditions. Our core portfolio is focused on quality and growth. We also have a diversification pocket designed to capture market opportunities and enhance potential performance.»
Jean Louis Delhay
CIO of Crédit Mutuel Asset Management and Lead Manager of the Convictions funds range
CM-AM Convictions range: investing in value-creating companies
SUSTAINABLE ECONOMY
The CM-AM Convictions fund range is aligned with four core transformative trends that are shaping the future.
WELL-BEING & LIFESTYLE
Emerging consumers: +800M middle class consumers by 2030 in EM countries. (+190M India, +50M Indonesia, +275M China).
Asia accounts for a third of global luxury market and will gain 1.2Bn more urban residents by 2050.
SUSTAINABILITY
Infrastructure investments needed for:
- - Urbanization: Rising cable demand from 85M to 140M km, with a 40% renewal.
- - Policy Tailwinds: Impact of the IRA and Green Deal on public Investments.
- - North America's Housing Shortage: Aging housing stock requiring renovation and new construction.
LONGEVITY
According to the WHO, 1bn people suffer from obesity. A chronic disease that puts an increasing risk of other complications such as Type 2 diabetes.
By 2050, 2bn people will be over 60, and 50% of the population will have myopia.
A sustainable approach
The investment team considers ESG criteria at every stage of the investment process, in line with our commitment to give finance a meaningful purpose. We actively monitor two key indicators: carbon intensity and gender diversity on boards.
CM-AM Convictions funds range is classified Article 8 according to the SFDR regulation*.
* SFDR classification doesn’t guarantee funds’ performance.
A robust process and a stable management team
Almost 20 years of proven experience across market cycles, supported by a stable team.
Jean-Louis DELHAY
CIO Crédit Mutuel Asset
Management and Lead
Manager of the
Convictions funds range
Jean-Luc MENARD
Head of Convictions
Management Team
Estelle BARDY
Fund Manager
Valentin VERGNAUD
Fund Manager
A proven track record
CM- AM CONVICTIONS EURO
The fund stands out for its defensive profile: it has navigated the European equity landscape and shown resilience during market fluctuations.
CM-AM Convictions Euro main risks: capital loss risk, equity market risk, discretionary management risk, liquidity risk, small-cap equities, sustainability risk.
Past performance is not a guide to future performance. The EURO STOXX® Net Return Index is expressed at closing with dividends reinvested. Performance is net of management fees.
SOURCE: SIX as of 31/12/2024
CM- AM Convictions USA main risks: capital loss risk, equity market risk, discretionary management risk, liquidity risk, small-cap equities, sustainability risk.
Past performance is not a guide to future performance. The S&P 500 Net Return Index is expressed at closing with dividends reinvested. Performance is net of management fees.
SOURCE: SIX as of 31/12/2024
