Education
He received a Bachelor in mathematics from the University of Lyon (Université Claude Bernard - Université Lyon I) and graduated in actuary from Institut Supérieur de Formation des Actuaires.
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Bruno Crastes
Edit ProfileCareer
Bruno Crastes is born on May 15, 1965 in the suburbs of Lyon. After graduation, he started his career at Bank Louis Dreyfus as a proprietary trader on bond market. He then moved to Indosuez Asset Management (later known as Crédit Agricole Asset Management and then Amundi), a French asset management company.
He began managing global fixed income portfolios at Crédit Agricole Asset Management and rose through the ranks and from 1994 on, he headed the global fixed income desk.
He was appointed Chief Information Officer of CAAM London in 2002 and then Chief Executive Officer in 2005. The same year, he was the top manager in the Citywire Fund Manager ratings for France.
He topped the league again in 2006. In 2007, he was nominated for the "Chief Information Officer of the Year" award.
"Top fund manager and fixed income specialist for over 20 years", Bruno Crastes has been made famous developing an innovative range of absolute return range of open-ended funds called VaR funds from March 1999.
In 2010 he co-founded H2O Department of Administration and Management Limited Liability Partnership with Vincent Chaillley, focusing on liquid absolute return strategies. He was nominated "Best global bond manager of the past five years" in June 2013 with a performance of 89.71% versus 33.65% for the peergroup.
In December 2014, he arrived second in the Top 100 European fund managers ranking of l"Agefi Suisse.
He is currently acting as Chief Executive Officer of H2O Department of Administration and Management and Vincent Chailley as Chief Information Officer. Significant shareholders of H2O Department of Administration and Management Limited Liability Partnership include Natixis Global Asset Management and H2O’s employees. “When there is a lot of turmoil the worst assets for the long term tend to be the best for the short term.”
“Golden age for China is over.”
“Investors will soon pay heavy price for QE stimulus.”
“Most of the time the alpha that is available in each asset class is correlated with the asset class itself.”
"A good understanding of correlation for better asset allocation"
"Bye bye beta good morning alpha".
Achievements
Views
Quotations:
“When there is a lot of turmoil the worst assets for the long term tend to be the best for the short term.”
“Golden age for China is over.”
“Investors will soon pay heavy price for QE stimulus.”
“Most of the time the alpha that is available in each asset class is correlated with the asset class itself.”
"A good understanding of correlation for better asset allocation"
"Bye bye beta good morning alpha".
Membership
In 2010, following the creation of Amundi, he was appointed member of the executive committee and Deputy Head of the Institutional Investment Division.
