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Axiom Alternative Investments celebrating its 10th anniversary – David Benamou on BFM Business
European Financials: Value trap or Investment opportunity? A panorama of the European banking sector by David BENAMOU.
AXIOM PUBLICATIONS
Fall of SVB – Our analysis
Silicon Valley Bank – What is going on? Before we look at the situation globally, it is worth pointing out how specific Silicon Valley Bank is and how the bank grew after Covid. Deposits went from $61bn in Q4 2019 to $189bn in Q4 2021. This additional money was mostly used to double the size...
EBA 2018 Transparency report: a new analysis of NPE provisioning shortfalls
Non-Performing Exposures (NPE) risk remains a key driver of asset performance for EU banks as shown by the recent market reaction to the stance of the SSM on the legacy stock of NPE. In this short memo we perform a new analysis of the provisioning shortfalls of EU banks, based on the latest EBA transparency...European Banks NPE provisioning shortfalls
Following the transparency report released by the European Banking Authority, Axiom Research team is pleased to share with you a dedicated study describing the recent developments around the European banks NPE provisioning shortfalls. You will find below a summary of the key points highlighted in the study as well as the original document. The banking union...
“A New Regime for Banks’ Sovereign Exposures – Towards a more diversified sovereign exposure of euro-area banks”
See below the latest European Parliament release on Sovereign Concentration Charges, in which Jérôme Legras, Head of Research at Axiom Alternative Investments, has been aknowledged for his contribution. The study covers the New Regime for Banks’ Sovereign Exposures and makes a concrete proposal for a new EU legislation to be adopted with the aim of…
Catalonia: our analysis
Although we believe the likelihood of Catalonia becoming independent is low (lower than Scotland for example), the ramifications of the current situation are important enough for us to believe that it is a key risk in the next few months. Download the document
NEWS ARTICLES
Fall of SVB – Our analysis
Silicon Valley Bank – What is going on? Before we look at the situation globally, it is worth pointing out how specific Silicon Valley Bank is and how the bank grew after Covid. Deposits went from $61bn in Q4 2019 to $189bn in Q4 2021. This additional money was mostly used to double the size...Almost a year after its launch Groupama Axiom Legacy 21 has surpassed the €350 million mark
Leading subordinate financial debt fund Groupama Axiom Legacy 21 announces that it has reached €364 million in assets under management (as at May 11th, 2018), one month before its first-year anniversary. The fund, whose management is delegated by Groupama Asset Management to the financial specialists at Axiom Alternative Investments, targets subordinated "legacy" debt, which issuers...Axiom Alternative Investments strengthens team with senior hire of Paul Gagey as Portfolio Manager
London – 15 March 2018: Axiom Alternative Investments, the French asset manager with EUR 1.2bn under management and offices in London and Paris, today announces the appointment of Paul Gagey as a Portfolio Manager, responsible for managing Axiom’s flagship fund, Axiom Obligataire. Reinforcing Axiom’s management team at a time of strong growth at the company,...Axiom Alternative Investments announces senior hire in Research and Portfolio Management
Axiom Alternative Investments, a specialist in instruments issued by financial institutions, is pleased to announce that Gildas Surry will be joining the firm as a senior analyst and Partner on June 1st 2015. Based in Axiom’s London office, Gildas will become a senior member of the team with a dual role covering both research and...