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Optimisation and protection of financial assets
The Challenge
- Not for profit French law association with the mission of financing international medical research projects (annual budget: USD 45 million).
- The need to optimise the financial management of the endowments.
- Expectation of return higher than LIBOR USD 1 month with no risk on the capital invested.
The Mission
- Assistance and advice on cash flow management under certain constraints (foreign currency, ethics, protection of capital).
- Organisation of tenders to select a global depositary bank.
The Results
- Implementation of an investment policy based on structured products (100% protection of capital) and short term financial products.
- Formalisation of a foreign exchange hedge strategy.
- Annualised financial returns higher than expectations.
- The overperformance allowed the association to fulfill the following projects:
- design, production and promotion of a new scientific journal,
- increase in the number of allocated grants,
- acquisition of a new head office for the association (approx. 1,000 sqm).
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