Scemama: Diversification Best Way to Deal With Political Headwinds

The transcript discusses the strategic importance of Abu Dhabi for asset management expansion, the investment outlook for 2025, and the trends in private credit consolidation. It highlights the regulatory environment, market dynamics, and the importance of diversification for resilience. The conversation also touches on the role of BNP in the region and the impact of interest rates on investment strategies.

What is the primary reason for opening an office in Abu Dhabi?

• To manage local real estate projects

• To reduce operational costs

• To expand business operations in the region

• To focus on technology investments

What is a key theme in the investment outlook for 2025?

• Reduction in interest rates

• Focus on technology stocks

• Growth of private credit

• Decline in private equity

What recent acquisition is mentioned in the context of private credit?

• Acquisition of CAPSA

• Acquisition of HPS

• Acquisition of BlackRock

• Acquisition of BNP

What is a significant trend in the alternative investment universe?

• Decline in infrastructure projects

• Increased regulation of real estate

• Disintermediation and partnerships between banks and asset managers

• Focus on technology investments

How are asset managers responding to political challenges in France?

• By focusing solely on the French market

• By diversifying their portfolios across asset classes

• By reducing investments in Europe

• By increasing investments in technology

What is a notable characteristic of private credit mentioned in the transcript?

• It is indexed on floating rates

• It is heavily regulated

• It is declining in popularity

• It is primarily focused on technology

What emerging opportunities are highlighted for 2025?

• Opportunities in technology stocks

• Opportunities in real estate and infrastructure

• Opportunities in retail investments

• Opportunities in cryptocurrency