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ON THE MOVE: BNP Paribas AM Promotes Sandro Pierri; Paget MacColl to Blackstone


Traders Magazine
BNP Paribas appointed
Sandro Pierri as CEO of BNP Paribas Asset Management, effective July 1. Based in Paris, Pierri will report to Renaud Dumora, future Deputy COO of BNP Paribas, in charge of the Investment & Protection Services Division of the Group which includes BNP Paribas Asset Management, alongside BNP Paribas Cardif, BNP Paribas Wealth Management and BNP Paribas Real Estate. Pierri has more than 30 years’ experience in the asset management industry.  He joined BNPP AM in 2017 as Head of the Global Client Group.
Blackstone named
Paget MacColl as Global Head of Blackstone Alternative Asset Management’s (BAAM) Institutional Client Solutions. MacColl will lead BAAM’s Limited Partner relationships and business development globally, leveraging her nearly 20 years of experience working with investors across alternative investments. MacColl joins from Goldman Sachs Asset Management, where she was co-head of the Americas Institutional ....

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Detailed text transcripts for TV channel - MSNBC - 20180206:16:56:00

Right? when you re short volatility, let s break this down for a minute. you believe you re betting against volatility in a financial way. we re coming off an extraordinarily long period of low volatility with no volatility and a president who s greasing the market. so he s greasing the market, so out of that, you can say, how can i make money? you can short whether the weather is going to be hot or cold, you can short whether the market is volatile, a lot of people were doing that. they said, how can i make money off the fact there are no risks in the market? so what did they do? they shorted the idea that nothing risky is going to come. guess what? last week we woke up to the fact that maybe inflation is on the horizon and have a new regime change with a new fed chair. so if you were one of those people who shorted volatility and it s a derivatives product, ....

Donald Trump , Regime Change , Derivatives Product , Fed Chair ,