News & insights.

Photography by Ludovic Minet, Four Seasons Hotel, Megève
Market flash: Markets keep their cool despite several central bank meetings

Market insights

Market flash: Markets keep their cool despite several central bank meetings

09/05/2025

•    A meeting scheduled for this weekend between US and Chinese delegations suggests that both countries are ready to negotiate. 
•    Divergences are appearing among central banks: the Bank of England has cautiously cut rates, while the Fed has chosen to maintain rates, navigating between signs of slowing growth and inflationary pressures.
•    In Germany, Friedrich Merz was elected Chancellor after two votes in Parliament, an unprecedented event, but his determination reassured investors of future political stability.

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Letter from the CIO AM : Has the elephant smashed the China?

Market insights

Letter from the CIO AM : Has the elephant smashed the China?

07/05/2025

So far this year, market performances have been essentially driven by political factors. Although the S&P500 index is now returning to its pre-Liberation Day levels, all indicators suggest that CEO and consumer confidence has dived since Trump’s announcements. The market rebound seems fuelled by a notion conveyed by the Trump administration that from July 4th, the government would turn the page on protectionism and switch to its tax cut and deregulation programmes

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Investing in resilience: A clear-eyed response to the fractures of our time

Thematic and product insights

Investing in resilience: A clear-eyed response to the fractures of our time

30/04/2025

The world is changing rapidly - and not always for the better. The geopolitical landscape is becoming increasingly tense, with extended conflicts, fragmentation of alliances, climate change, the resurgence of protectionism and the rise of populism. These dynamics are causing deep and lasting disruptions that challenge supply chains, economic stability, and population security.

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EdR Fund Big Data and EdR Fund Bond Allocation awarded at the 2025 Mieux Vivre Votre Argent SICAV Awards

Awards

EdR Fund Big Data and EdR Fund Bond Allocation awarded at the 2025 Mieux Vivre Votre Argent SICAV Awards

30/04/2025

Edmond de Rothschild Asset Management won two awards in the 2025 edition of the Grands Prix des Sicav de Mieux Vivre Votre Argent. The awards list evaluates more than 1,600 funds available to savers and each year rewards the funds with the best performance over the last five years and over a five-year average.

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Market flash: What impact are the Trump administration’s declarations having?

Market insights

Market flash: What impact are the Trump administration’s declarations having?

27/04/2025

•    The US administration is ready to talk to China about lowering tariffs to 50-65%, in exchange for concessions.
•    Uncertainty and trade tensions have weighed on macroeconomic data, with a slight deterioration in US and European PMI indices, and US companies now considering passing on higher costs in sales prices.
•    In the US, several members of the Federal Reserve are supporting a cautious approach to rate cuts, because of inflationary risks linked to the trade war. In Europe, the ECB's chief economist is not ruling out a rate cut in the near future.

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Edmond de Rothschild Fund Emerging Credit awarded at the LSEG Lipper Fund Awards 2025

Awards

Edmond de Rothschild Fund Emerging Credit awarded at the LSEG Lipper Fund Awards 2025

17/04/2025

At the LSEG Lipper Fund Awards 2025 , the Edmond de Rothschild Fund Emerging Credit, a bond fund dedicated to emerging corporate debt, was recognized for its consistent and regular performance over 10 years  in the "Bond Emerging Markets Global Corporates" category, both on European scale and within four countries: Switzerland, Germany, Austria, and France. In addition, the two fund managers of Edmond de Rothschild Fund Emerging Credit, Stéphane Mayor and Lisa Turk , received an AAA rating in the "Global Corporate Emerging Markets Bonds" category by Citywire .

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Market flash: The markets are flying blind

Market insights

Market flash: The markets are flying blind

17/04/2025

• Despite contradictory announcements from the Trump administration, markets reacted positively to the temporary tariff exemptions on Chinese technology imports and progress in trade talks with Japan.
• The Fed is taking a wait-and-see approach to avoid inflation expectations becoming unhinged, as the economic outlook worsens, despite solid US retail sales due to pre-tariff advance purchases. 
• The ECB is benefiting from the euro's appreciation, which gives it room for manoeuvre to ease monetary policy without worrying about the Fed's immobility.

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Market flash: has Liberation Day reversed?

Market insights

Market flash: has Liberation Day reversed?

11/04/2025

•    China, being the only country not benefiting from the 90-day truce, faces extremely high tariffs, thereby intensifying trade tensions.
•    Uncertainties surrounding inflation and growth continue to rise, especially in the United States, heightening fears of a recession.
•    European retail sales were up in Q1 2025, confirming that business in Europe is holding up well.

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The SRI Chronicles: European sovereignty needs sustainability

SRI Chronicles

The SRI Chronicles: European sovereignty needs sustainability

09/04/2025

We don't know when the Trump & Co. whirlwind will end. No one knows, and neither does he. Perhaps with the next US midterm elections in November 2026. In the meantime, the set of decisions taken has the immense merit of waking up Europe, and first and foremost, the European Union. Without waiting for Donald Trump to return to the White House, the old continent has been offered the roadmap for its economic revival set out in the Draghi report published in September 2024. 

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Eric de Tessières appointed Chief Sustainability Officer of Edmond de Rothschild

Press release

Eric de Tessières appointed Chief Sustainability Officer of Edmond de Rothschild

07/04/2025

Edmond de Rothschild announces the appointment of Eric de Tessières as Group Chief Sustainability Officer. Reporting to Cynthia Tobiano, Deputy CEO, Eric took up his post on 7 April. He will oversee all of the group’s sustainability initiatives, across asset management and private banking. 

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Liberation Day: the US overturns free trade rules

Market insights

Liberation Day: the US overturns free trade rules

04/04/2025

•    D. Trump's "Liberation Day" announcements have heightened uncertainty for the markets and the Fed, with a series of tariffs on all imports except Canada (which is already hit by 25% tariffs) and Mexico.
•    Initial estimates forecast a contraction in the US GDP by -1.5% and an inflation increase of +1.5%.
•    In Europe, the euro's appreciation against the dollar and the expectation of competitive prices for Chinese products lacking outlets on the US market could mitigate the impact of these measures

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An overwhelming need for resilience

Market insights

An overwhelming need for resilience

03/04/2025

After 30 years of «happy» globalization, the world is a changed place post-pandemic, hit by geopolitical risk and plagued by daily cyber-attacks, with citizens seeking protection. The stock market outlook is particularly attractive for companies exposed to the security theme, which offer investors and the general public the resilience they so desperately need. 

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Welcome to Edmond de Rothschild Asset Management

Welcome to Edmond de Rothschild Asset Management

Welcome to Edmond de Rothschild Asset Management

Welcome to Edmond de Rothschild Asset Management

Welcome to Edmond de Rothschild Asset Management

Welcome to Edmond de Rothschild Asset Management

Welcome to Edmond de Rothschild Asset Management

Welcome to Edmond de Rothschild Asset Management

Welcome to Edmond de Rothschild Asset Management

Welcome to Edmond de Rothschild Asset Management

Welcome to Edmond de Rothschild Asset Management

Welcome to Edmond de Rothschild Asset Management

Your Profile
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This section of the website is only intended for professional investors within the meaning of COBS 3 of the FCA handbook as well as Investment Professionals, as defined under section 19(5) of the FSMA (Financial Promotion) Order and High net worth entities as defined under section 49 of the FSMA (Fianncial Promotion) Order, and is not suitable for individual and retail investors. If you are an individual or a retail investor, we kindly request that you do not access this section of the website.

This document has no contractual value and is intended for information purposes only. This website is not directed at any person in any jurisdiction where the publication or availability of the website is prohibited, due to that person's nationality or residence. Persons to whom such prohibitions apply must not access this website. Persons accessing the website are aware that they are solely responsible for compliance with applicable laws and regulation of their country of residence and/or citizenship. In doubt, they should seek advice from their independent tax advisor, legal counsel, and/or financial advisor.

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The information provided in this website should not be considered as an offer or solicitation, to deal in any of the investments or funds mentioned herein, by anyone in any jurisdiction in which such offer or solicitation would be unlawful or in which the person making such offer or solicitation is not qualified to do so. The information on the website is being provided for informational purposes only and does not constitute an advertisement, a personal recommendation or an investment advice. This information is not exhaustive, is subject to change and may be modified or updated at any time by the Edmond de Rothschild Group without prior notice. This website is not intended for citizens or residents of the United States of America or "U.S.Persons" as defined by "Regulation S" under the U.S. Securities Act of 1933. No investment product presented herein is registered under the Securities Act of 1933 or any other United States regulation. Then, they cannot be offered or sold directly or indirectly in the United States of America, to or to the benefit of residents and citizens of the United States of America and to «U.S. Persons». Regulations concerning the marketing of financial instruments vary depending on the country and your status (as a professional client or equivalent). No UCI may be offered to an individual if the law in his or her country of origin or any other country concerning the individual or product prohibits it. The content of this website has not been reviewed or approved by any regulator in any jurisdiction. You are solely responsible for choosing your country of nationality or residence and for selecting your country's website. You acknowledge that this choice is compliant with all laws and regulations applicable in your country of nationality or residence, otherwise this choice is made under your sole responsibility.

Regulatory information
The prospectuses and KIDs (Key Information Documents) approved and/or authorised by the relevant regulator of the UCIs presented are accessible from this website free of charge. All other regulatory documentation can be obtained from the management company of the relevant UCI. Any investment in a UCI or a product should be done after having read and understood the applicable legal documentation. Edmond de Rothschild Asset Management (France) may receive UCI commission fees from Edmond de Rothschild Group companies in its role as a UCI distributor. These fees remunerate the selection and distribution of UCIs by Edmond de Rothschild Asset Management (France) and represent a portion of the commissions stated in the prospectus for the UCI (up to 50% of these commissions).

No assurance or guarantee
All data and material have been obtained from sources believed to be reliable, but their accuracy is not guaranteed. The data, comments and analysis provided in this website reflect the opinion of the Edmond de Rothschild Group and its affiliates with respect to the markets, their trends, regulations and tax issues, on the basis of its own expertise, economic analysis and information currently applicable. They are subject to modification without prior notice. Information provided in this website shall not be considered as any kind of undertaking or guarantee whatsoever from the Edmond de Rothschild Group and its affiliates.

Information on risks
Any investment involves specific risks. All potential investors must take prior measures and seek appropriate advice in order to analyse the risks and establish his or her own opinion independently of the Edmond de Rothschild Group in order to determine the suitability of such an investment to his or her own financial situation. Before making any investment decision, investors should read the relevant offering documents and in particular the investment policies and the risk factors. Investors should ensure they fully understand the risks associated with the investment and should also consider their own investment objective and risk tolerance level.
Risk of capital loss: investors may lose some or all of their original investment.

Information on investment performance
Past performance and volatility are not indicative of future performance and volatility and are not constant over time and may be independently affected by changes in exchange rates. Performance data is net of management and performance fees but does not include the annual costs or fees and charges when issuing or redeeming units. It may further be reduced by tax imposed by the investor's country of residence. Any reference to market rankings or awards is not a reliable indicator of the future rankings or awards of the financial instruments or the management company. If figures presented on this website are denominated in a currency other than the investor's domestic currency, the investor's returns may increase or decrease as a result of exchange rates fluctuations.

Legal Information/Roles and responsibilities
Edmond de Rothschild Asset Management (France) is a Société anonyme governed by an executive board and a supervisory board with capital of €11,033,769, located 47 rue du Faubourg Saint Honoré – 75008 Paris, France. The company is registered at the "Paris Registre du Commerce et des Sociétés" under reference number 332 652 536, as a portfolio management company authorised by the "Autorité des Marchés Financiers" under reference GP-04000015. Phone details: +331 40 17 25 25. The publishing director of the Asset Management section of the website is Christophe Caspar, Head of Group's Asset Management. Bruno Major, Head of Marketing, is responsible for the content of the Asset Management section of the website. The website is hosted by Umbraco Cloud via Microsoft Azure, with the data center located in the Netherlands. « Edmond de Rothschild Asset Management » or « EdRAM » is the commercial name of the asset management entities (including branches and subsidiaries) of the Edmond de Rothschild Group. It also refers to the Asset Management division of the Edmond de Rothschild Group.

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When you access and use the Site, Edmond de Rothschild Asset Management (France) uses technical cookies considered essential in order to allow the main services of the Site to function optimally. You can technically block them using your browser settings, but your experience on the Site may be degraded. The personal data collected from the website will be processed automatically by Edmond de Rothschild Asset Management (France), data controller, which can be contacted at Customer Services, 47 Rue du Faubourg Saint-Honoré, 75008 Paris "clientservice-am-fr@edr.com". The contact details of its Data Protection Officer are as follows: DPO Edmond de Rothschild (France), 47 Rue du Faubourg Saint Honoré 75008 Paris, "DPO@edr.com". 
In the United Kingdom, you can contact the Compliance department of Edmond de Rothschild (UK) Limited  "compliance@lcfr.co.uk.
This processing is carried out in order to manage your information requests and your relations with our firm, Edmond de Rothschild Asset Management (France). It is necessary to enable us to respond to requests made through contact forms on the website and for compliance with our legal and regulatory obligations.
The information required to obtain a response to a request are marked with an asterisk and failure to provide that information will prevent us from providing a response.
This data and, more generally, the information exchanged between you and our firm in the context of our relations, is confidential. This confidentiality obligation particularly concerns information relating to your identity and your personal situation or wealth. This confidentiality obligation will continue after the end of our relationship.
The recipient of this data is Edmond de Rothschild Asset Management (France). The data collected may be transferred to other entities in the Edmond de Rothschild Group or to third-parties, particularly data processors or partners located in France, European Union member states, the United Kingdom or in Switzerland (noting that the European Commission recognised via decision no. 2000/518/EC of 26 July 2000 that this third country offers adequate protection) for the purposes of management of information requests and relations with Edmond de Rothschild Asset Management (France), as well as the execution of the Edmond de Rothschild Asset Management (France) policy on preventing and managing conflicts of interest or to satisfy its legal and regulatory obligations, provided that such disclosure is restricted to a need-to-know basis. By providing us with such data, you consent to it being processed and communicated under the conditions described above and you release Edmond de Rothschild Asset Management (France) from its professional secrecy obligation in that respect. All personal data will be kept in accordance with the various applicable retention periods, i.e. for five years after the business relationship ends should no shorter or longer period be specifically stipulated. You have the right to ask the data controller for access to your personal data and to request the correction, deletion or restriction of its processing, as well as the right to object to its processing and the right to portability of your data. Exercising the right to object to the processing of data shall prevent us from responding to requests submitted. You also have the right to define the instructions for what happens to your data after your death.
If you are dissatisfied with the processing of your data, you have the possibility to submit a complaint to the French data protection registrar, the Commission Nationale de l'Informatique et des Libertés (CNIL), at the following address: 3 Place de Fontenoy, TSA 80715, 75334 Paris Cedex 07 – 01 53 73 22 22.In the United Kingdom, the competent supervisory authority is the Information Commissioner's Office (Wycliffe House, Water Lane, Wilmslow, Cheshire SK9 5AF. For more information: https: // ico. org.uk/.
You are informed that Edmond de Rothschild Asset Management (France) may record telephone conversations, particularly for certain transactions. You explicitly authorise Edmond de Rothschild Asset Management (France) to make such recordings.
You may opt out, in writing, from receiving marketing communications.
Finally, as a natural person, not acting in a professional capacity, if you do not wish to receive telemarketing calls (excluding contractual relations in progress), you have the right to be placed on the no-call list free of charge (Bloctel service).

Governing law
Use of this site and these terms and conditions are subject to French law. Any dispute arising in connection with the application of these terms and conditions and use of this site shall be referred to the French courts.

Hypertext links
The establishment by any person of hypertext links leading to this website without the prior approval of Edmond de Rothschild Asset Management (France) is prohibited. Before establishing any such links, it is your responsibility to request the permission of the Group Edmond de Rothschild. Your request should be addressed to the Marketing Department, 47 Rue du Faubourg Saint-Honoré, 75401 Paris, Cedex 08, France, or to the following email address: info@edram.fr.

Copyright
Edmond de Rothschild Group. Any total or partial reproduction of the content of these pages in full or in part is prohibited, except as stipulated below. The pages on the website may be downloaded onto a hard drive or printed for your personal use, provided this notice is printed on each copy, no alterations are made to any of the pages and no use is made of all or any of them in any other work or publication, using any medium whatsoever. The distribution or copying of all or part of these pages for commercial purposes is also prohibited.

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The user of the website acknowledges that he/she has the ability and the means required to access and use this website. In this respect, the user acknowledges having checked that the computer system used contains no viruses and is in perfect working order. Furthermore, he/she acknowledges having checked, prior to use, that the browser used allows a secured access to the website. The website is accessible 24 hours a day and 7 days a week, except in the event of circumstances beyond our control, and/or technical, processing, telecommunications, or maintenance problems. The owner of the website cannot be held liable for technical faults that may be detected when using the website. By providing all necessary means, the owner of the website is firmly committed to providing a secure website for its users.
By clicking the "I accept" button below, you acknowledge that you have read and understood this page and agree to abide by its content and confirm that you are accessing this website in compliance with the laws and regulations of the jurisdiction or country in which you are residing.

Important information

Access to the website
This section of the website is intended for non-professional investors as opposed to professional investors as defined within the meaning of COBS 3 of the FCA handbook. This document has no contractual value and is intended for information purposes only. This website is not directed at any person in any jurisdiction where the publication or availability of the website is prohibited, due to that person's nationality or residence. Persons to whom such prohibitions apply must not access this website. Persons accessing the website are aware that they are solely responsible for compliance with applicable laws and regulation of their country of residence and/or citizenship. In doubt, they should seek advice from their independent tax advisor, legal counsel, and/or financial advisor.

Absence of advice or offer
The information provided in this website should not be considered as an offer or solicitation, to deal in any of the investments or funds mentioned herein, by anyone in any jurisdiction in which such offer or solicitation would be unlawful or in which the person making such offer or solicitation is not qualified to do so. The information on the website is being provided for informational purposes only and does not constitute an advertisement, a personal recommendation or an investment advice. This information is not exhaustive, is subject to change and may be modified or updated at any time by the Edmond de Rothschild Group without prior notice.
This website is not intended for citizens or residents of the United States of America or "U.S.Persons" as defined by "Regulation S" under the U.S. Securities Act of 1933. No investment product presented herein is registered under the Securities Act of 1933 or any other United States regulation. Then, they cannot be offered or sold directly or indirectly in the United States of America, to or to the benefit of residents and citizens of the United States of America and to «U.S. Persons».
Regulations concerning the marketing of financial instruments vary depending on the country and your status (as a professional client or equivalent). No UCI may be offered to an individual if the law in his or her country of origin or any other country concerning the individual or product prohibits it. The content of this website has not been reviewed or approved by any regulator in any jurisdiction.
You are solely responsible for choosing your country of nationality or residence and for selecting your country's website. You acknowledge that this choice is compliant with all laws and regulations applicable in your country of nationality or residence, otherwise this choice is made under your sole responsibility.

Regulatory information
The prospectuses and KIDs (Key Information Documents) approved and/or authorised by the relevant regulator of the UCIs presented are accessible from this website free of charge. All other regulatory documentation can be obtained from the management company of the relevant UCI. Any investment in a UCI or a product should be done after having read and understood the applicable legal documentation.
Edmond de Rothschild Asset Management (France) may receive UCI commission fees from Edmond de Rothschild Group companies in its role as a UCI distributor. These fees remunerate the selection and distribution of UCIs by Edmond de Rothschild Asset Management (France) and represent a portion of the commissions stated in the prospectus for the UCI (up to 50% of these commissions). 

No assurance or guarantee
All data and material have been obtained from sources believed to be reliable, but their accuracy is not guaranteed. The data, comments and analysis provided in this website reflect the opinion of the Edmond de Rothschild Group and its affiliates with respect to the markets, their trends, regulations and tax issues, on the basis of its own expertise, economic analysis and information currently applicable. They are subject to modification without prior notice. Information provided in this website shall not be considered as any kind of undertaking or guarantee whatsoever from the Edmond de Rothschild Group and its affiliates.

Information on risks
Any investment involves specific risks. All potential investors must take prior measures and seek appropriate advice in order to analyse the risks and establish his or her own opinion independently of the Edmond de Rothschild Group in order to determine the suitability of such an investment to his or her own financial situation. Before making any investment decision, investors should read the relevant offering documents and in particular the investment policies and the risk factors. Investors should ensure they fully understand the risks associated with the investment and should also consider their own investment objective and risk tolerance level.
Risk of capital loss: investors may lose some or all of their original investment.

Information on investment performance
Past performance and volatility are not indicative of future performance and volatility and are not constant over time and may be independently affected by changes in exchange rates. Performance data is net of management and performance fees but does not include the annual costs or fees and charges when issuing or redeeming units. It may further be reduced by tax imposed by the investor's country of residence.Any reference to market rankings or awards is not a reliable indicator of the future rankings or awards of the financial instruments or the management company. If figures presented on this website are denominated in a currency other than the investor's domestic currency, the investor's returns may increase or decrease as a result of exchange rates fluctuations.

Legal Information/Roles and responsibilities
Edmond de Rothschild Asset Management (France) is a Société anonyme governed by an executive board and a supervisory board with capital of €11,033,769, located 47 rue du Faubourg Saint Honoré – 75008 Paris, France. The company is registered at the "Paris Registre du Commerce et des Sociétés" under reference number 332 652 536, as a portfolio management company authorised by the "Autorité des Marchés Financiers" under reference GP-04000015. Phone details: +331 40 17 25 25.The publishing director of the Asset Management section of the website is Christophe Caspar, Head of Group's Asset Management. Bruno Major, Head of Marketing, is responsible for the content of the Asset Management section of the website. The website is hosted by Umbraco Cloud via Microsoft Azure, with the data center located in the Netherlands.
« Edmond de Rothschild Asset Management » or « EdRAM » is the commercial name of the asset management entities (including branches and subsidiaries) of the Edmond de Rothschild Group. It also refers to the Asset Management division of the Edmond de Rothschild Group. 

View the cookies policy
Personal data protection and cookies
View the personal data protection charter

When you access and use the Site, Edmond de Rothschild Asset Management (France) uses technical cookies considered essential in order to allow the main services of the Site to function optimally. You can technically block them using your browser settings, but your experience on the Site may be degraded. "The personal data collected from the website will be processed automatically by Edmond de Rothschild Asset Management (France), data controller, which can be contacted at Customer Services, 47 Rue du Faubourg Saint-Honoré, 75008 Paris ""clientservice-am-fr@edr.com"". The contact details of its Data Protection Officer are as follows: DPO Edmond de Rothschild (France), 47 Rue du Faubourg Saint Honoré 75008 Paris, "DPO@edr.com".
In the United Kingdom, you can contact the Compliance department of Edmond de Rothschild (UK) Limited  "compliance@lcfr.co.uk."
This processing is carried out in order to manage your information requests and your relations with our firm, Edmond de Rothschild Asset Management (France). It is necessary to enable us to respond to requests made through contact forms on the website and for compliance with our legal and regulatory obligations.
The information required to obtain a response to a request are marked with an asterisk and failure to provide that information will prevent us from providing a response.
This data and, more generally, the information exchanged between you and our firm in the context of our relations, is confidential. This confidentiality obligation particularly concerns information relating to your identity and your personal situation or wealth. This confidentiality obligation will continue after the end of our relationship.
The recipient of this data is Edmond de Rothschild Asset Management (France). The data collected may be transferred to other entities in the Edmond de Rothschild Group or to third-parties, particularly data processors or partners located in France, European Union member states, the United Kingdom or in Switzerland (noting that the European Commission recognised via decision no. 2000/518/EC of 26 July 2000 that this third country offers adequate protection) for the purposes of management of information requests and relations with Edmond de Rothschild Asset Management (France), as well as the execution of the Edmond de Rothschild Asset Management (France) policy on preventing and managing conflicts of interest or to satisfy its legal and regulatory obligations, provided that such disclosure is restricted to a need-to-know basis. By providing us with such data, you consent to it being processed and communicated under the conditions described above and you release Edmond de Rothschild Asset Management (France) from its professional secrecy obligation in that respect.
All personal data will be kept in accordance with the various applicable retention periods, i.e. for five years after the business relationship ends should no shorter or longer period be specifically stipulated.
You have the right to ask the data controller for access to your personal data and to request the correction, deletion or restriction of its processing, as well as the right to object to its processing and the right to portability of your data.
Exercising the right to object to the processing of data shall prevent us from responding to requests submitted.
You also have the right to define the instructions for what happens to your data after your death.
If you are dissatisfied with the processing of your data, you have the possibility to submit a complaint to the French data protection registrar, the Commission Nationale de l'Informatique et des Libertés (CNIL), at the following address: 3 Place de Fontenoy, TSA 80715, 75334 Paris Cedex 07 – 01 53 73 22 22.
In the United Kingdom, the competent supervisory authority is the Information Commissioner (Wycliffe House, Water Lane, Wilmslow, Cheshire SK9 5AF. For more information: https: // ico. org.uk/.
You are informed that Edmond de Rothschild Asset Management (France) may record telephone conversations, particularly for certain transactions. You explicitly authorise Edmond de Rothschild Asset Management (France) to make such recordings.
You may opt out, in writing, from receiving marketing communications.
Finally, as a natural person, not acting in a professional capacity, if you do not wish to receive telemarketing calls (excluding contractual relations in progress), you have the right to be placed on the no-call list free of charge (Bloctel service).

Governing law
Use of this site and these terms and conditions are subject to French law. Any dispute arising in connection with the application of these terms and conditions and use of this site shall be referred to the French courts. 

Hypertext links
The establishment by any person of hypertext links leading to this website without the prior approval of Edmond de Rothschild Asset Management (France) is prohibited. Before establishing any such links, it is your responsibility to request the permission of the Group Edmond de Rothschild. Your request should be addressed to the Marketing Department, 47 Rue du Faubourg Saint-Honoré, 75401 Paris, Cedex 08, France, or to the following email address: info@edram.fr. 

Copyright
Edmond de Rothschild Group. Any total or partial reproduction of the content of these pages in full or in part is prohibited, except as stipulated below. The pages on the website may be downloaded onto a hard drive or printed for your personal use, provided this notice is printed on each copy, no alterations are made to any of the pages and no use is made of all or any of them in any other work or publication, using any medium whatsoever. The distribution or copying of all or part of these pages for commercial purposes is also prohibited.

Technical Warning
The user of the website acknowledges that he/she has the ability and the means required to access and use this website. In this respect, the user acknowledges having checked that the computer system used contains no viruses and is in perfect working order. Furthermore, he/she acknowledges having checked, prior to use, that the browser used allows a secured access to the website. The website is accessible 24 hours a day and 7 days a week, except in the event of circumstances beyond our control, and/or technical, processing, telecommunications, or maintenance problems. The owner of the website cannot be held liable for technical faults that may be detected when using the website. By providing all necessary means, the owner of the website is firmly committed to providing a secure website for its users.
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