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25 years, 25 CEOs: Dominique Carrel-Billiard, CEO, AXA Investment Managers
18 January 2012
To celebrate its 25th anniversary, Global Investor/ISF interviewed 25 CEOs. Market fundamentals may have changed but in Dominique Carrel-Billiard’s view the continued consumer need for the asset management industry’s services will ensure its success
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Dominique Carrel-Billiard
CEO
AXA Investment Managers
We have sovereign crises on both sides of the Atlantic: both major global economic contributors stalling at the same time is far more serious than just one failing. But in both cases I’m optimistic. We have learnt the lesson from Lehman; you don’t let something systemically important fail without adequate preparations. The Greek bailout package – which is essentially a selective default – is an example: it is a default but it is not massive and is highly controlled and well organised.
Yes the industry is challenged but it’s not under threat. This is a dynamic sector that addresses the fundamental needs people have around provision for their old age and personal...
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