Founded in 1796, Maison Lombard Odier is a private Swiss bank with an international presence, mainly in Paris, for more than 20 years. Maison Lombard Odier specializes in wealth and asset management and is the only bank in its category certified by a B corp, contributing to the combination of economics and sustainability, an approach that is both sincere and thoughtful. Meeting with Edouard de Saint-Pierre, General Manager of Lombard-Odier in France and representative of the eighth generation of the founding families.
Inflation, climate, a very tense geopolitical context… What would you recommend to overcome this new crisis?
With a far-reaching vision and a diversified approach to investment, our house has overcome more than 40 crises. Our constant questioning of the world allows us to anticipate the challenges of our time, such as the challenges of sustainability. We must emerge from the ethical debate by providing scientific rigor, supported by our research partnership with the University of Oxford, which we embed at the heart of our investment process. Therefore, our goal is to distribute the capital to the winning companies in the environmental transformation, in the logic of profitability.
Why partnering with France Numérique is necessary for you?
As witnesses of the dynamism of the new generations of French entrepreneurs, we are convinced that the tech startup ecosystem will contribute to solving the problems of tomorrow. If today millennials are 5% of our customers, in five years it will be 50%. The foundations of our business have not changed in 225 years, however, Millennials need a banker who is part of their ecosystem and understands their challenges. Thanks to partnerships such as France Digitale, our priority is to continue evolving with these new generations to meet the challenges of our time through investment themes.
What are the assets or investment classes that characterize it?
on private equity. A very attractive asset class. Despite the risks of illiquidity, direct investment in the private sector offers returns higher than the listed market (average return 2008 – 2018: 19.5%). Investing in the long term makes it possible to detach from the market and neutralize systemic shocks. In particular, our goal is to interest investors in a broader approach to private equity in order to diversify over time, sectors and jurisdictions and facilitate market entry opportunities. In particular, to spark investor interest in a broader approach to private equity in order to diversify over time, sectors and jurisdictions and facilitate market entry opportunities.
How do you support entrepreneurs and their families in managing their wealth?
We are entrepreneurs and we speak the same language. Understanding their needs allows us to support them at crucial times in their lives, ex example. Upstream from the sale of the business and downstream in structuring their assets. Being a house on a human scale allows us to share our international expertise while working on a bespoke and local basis. The customer is happy with us because he has a very special connection with his banker and his team.