ACI Monaco: Bet on The Market!

An evening of discussion at the heart of Monaco’s financial sector.

On March 12, ACI Monaco organized an evening dedicated to investment strategies and developments in the sector in the Principality. With in-depth analysis and discussions between experts, the event confirmed the dynamism of the association.

For 34 years, this association has brought together market professionals in the Principality and is part of the global ACI network, present in 60 countries and with nearly 10,000 members. At the last meeting of the ACI World Council in Jordan, Monaco was congratulated for its dynamism and the diversity of its events.

An evening full of speeches

From the outset, Magali Vercesi, Secretary General of the Financial Activities Control Commission, gave a statistical overview of the Monegasque financial sector. With 24 banks and 68 management companies, the financial center is characterized by a marked trend: a stabilization of banks, but a notable increase in requests for approval for management companies.

Three experts then shared disruptive investment ideas for the next 10 to 12 months:

• Simon Spalinger, Senior Investment Adviser at Banque Julius Baer Monaco, presented strategies based on options and leverage on Nvidia stock.
• Mehdi Rachedi, Director of Investor Relations at H2O AM, advocated a bearish position on the US dollar and a bullish position on emerging currencies, betting on a global economic rebalancing.
• Adrien Arneodo and Hadrien Schaller, Investment Solutions Managers at Silex Partners, presented an investment solution in European credit, offering an attractive yield of 12% per year by betting on the absence of defaults among the major Investment Grade signatures.

A strong commitment to the future

The event also highlighted the key role of Monégasque regulators, in particular the Commission de Contrôle des Activités Financières (CCAF) and the Autorité Monégasque de Sécurité Financière (AMSF), guaranteeing a solid framework for financial institutions operating in the Principality.

To conclude the evening, an investment game was launched, allowing everyone to test their own portfolio strategies, extending the discussions in a friendly atmosphere… See you in a year to find out the winners!