Lyxor Asset Management has named Florence Barjou as its new CIO, replacing Guillaume Lasserre who will quit the firm to pursue new opportunities.

New role

Barjou will also be part of the firm’s executive committee.

She will assume the new responsibility on 5 October 2020.

In the new role, she will report to CEO Lionel Paquin. She will operate out of Paris.

Background

Barjou joined Lyxor in 2006. She is currently its deputy CIO, a role she held since 2015.

Earlier, she served as the firm’s global macro strategist and portfolio manager, as well as head of multi-asset management.

She was integral in developing the firm’s active management capabilities.

She previously worked in the economic research department of BNP investment bank.

At this firm, her remit included emerging market economies and monitoring of OECD countries.

Paquin noted: “For the past 15 years, Florence has been one of the outstanding talents of Lyxor’s portfolio management teams.

“In her successive roles, she has contributed to the expansion of our active management and strategic allocation franchises.

“As CIO, Florence will show complete dedication to serving our clients at a time when experience, rigour and conviction are invaluable assets.”

A unit of Societe Generale, Lyxor focuses on varied investment styles including active, passive and alternative.

Developments at Lyxor

Lyxor had €145.5bn (($172bn)) of assets under management and advisory.

In November 2019, Lyxor expanded its presence in Germany by merging its €16bn business with Commerzbank’s asset management activities.

Last October, Lyxor announced that it will divest from companies exposed to thermal coal as part of its new climate policy.