Overboarding : progress expected from the new Fonds Stratégique de Participations
Fonds Stratégique de Participations (FSP) is a long-term investment vehicle created by some French insurers (BNP Paribas Cardif, CNP Assurances, Crédit Agricole Assurances (through its insurance subsidiary filiale Predica), and Sogécap (Société Générale Group), later joined byGroupama and Natixis Assurances. They invest jointly in the share capital of a limited number of listed firms. In June 2015, the Fonds Stratégique de participations invested €350M in Zodiac, a French company reputed for its inflatable boats (ZODIAC AEROSPACE (ZC – FR0000125684). […]
Christmas surprise at PSA : the company reforms its pension regime
PSA suddenly announced the change of its French supplementary guaranteed benefits "retraite chapeau" pension scheme, a measure promising 34 million euros in savings in the 2015 accounts, an amount to be redistributed to group employees. With falling interest rates the defined benefits pension service provision becomes far too expensive. [...]
Video : Proxinvest at the French Academy of Accountants and Financial Practices
Loïc Dessaint, Proxinvest’ CEO , was invited by the French Academy of Accountants and Financial Practices [...]
Multiple voting rights – illusion of reward of long-term shareholders
European overview Italy and France has recently changed their legal framework to introduce or to [...]
Seventeenth report on the remuneration of the SBF 120 index executives
Proxinvest, the French proxy adviser, publishes his seventeenth report on the remuneration of the SBF 120 index executives. After two years of decline, the average total compensation of the Chief Executive Officers of the CAC 40 index reaches € [...]
The Golden Goodbye of the Alcatel-Lucent CEO … Proxinvest write to the company and to the AMF.
Proxinvest seized the French market Authority AMF on September 1st on the question of the [...]
