After two years in which investors frantically sought security and liquidity, selling pressure on equities seems to have eased.
Since last March, we have witnessed a sharp recovery whose real magnitude remains weak seen alongside index levels in August 2007.
Curbed by investor scepticism, European market indices remain low and, despite poor remuneration rates, the volume of cash remains high.

Our four experts will give you their analysis of the economic recovery, and we will discuss with you preferred investment strategies as we approach the yearend.

HSBC Private Bank France, the Private Banking division of the global HSBC Group, is a leading French wealth management specialist. It enjoys a privileged position on the international financial scene with access to many experts and sources of information.
 
HSBC France is a universal bank, offering its private and corporate clients the benefits of a world-class group: the best possible international presence, financial soundness, banking and technological innovation.
 
HSBC Private Wealth Managers – the management company of HSBC Private Bank France and a pioneer of open-architecture fund selection – has developed diversified and complementary expertise in active direct management, manager selection and multi-management.
 
Founded in London in 1991, Odey Asset Management is one of the oldest management companies in Europe specialising in active fund management. It favours a rigorous analytical approach based on its fundamental research, with the aim of preserving capital and achieving superior returns.

Founded by Marc Renaud in December 2007, Mandarine Gestion is an independent asset management company backed by well-established institutional minority shareholders. It offers a diversified product range with a focus on equities and convertibles, these being its core know-how.