Ostrum Asset Management (Ostrum AM), an affiliate of Natixis Investment Managers, today announced the addition of three new portfolio managers to its Insurance and ALM Solutions team, headed by Gaëlle Malléjac. The team, which now includes 26 insurance experts, becomes one of the largest teams dedicated to insurance portfolio management in Europe.
Built around its clients’ needs, the Insurance and ALM Solutions division is organized around four areas of expertise exclusively dedicated to insurance portfolio management: insurance solutions, multi-asset insurance portfolio management, fixed-income insurance portfolio management, and equity insurance portfolio management.
The team manages nearly 280 billion euros of assets on behalf of long-term institutional investors with liability constraints, whether they are insurance companies, mutual insurers, or pension funds, in Europe and internationally. The Insurance and ALM Solutions department assists clients throughout the entire investment value chain: from advice and customized portfolio management to personalized reporting.
“We are delighted to welcome Sonia, Damien, and Karim at Ostrum AM. Together, they bring decades of experience in insurance asset management and are major assets to meet the requirements of our institutional clients. Their appointments reflect Ostrum AM’s strong ambition to become one of the top three European insurance asset managers, which would represent €600 billion in assets under management.Gaëlle Malléjac, CIO of Insurance, and ALM Solutions.
Sonia Berrejeb is a portfolio manager/analyst in the insurance equity team under the responsibility of Frédéric Leguay. With more than 17 years of experience, Sonia has strong expertise in both European and international equity markets. She started her career at SCOR Investment Partners, first as a European equity financial analyst in 2006, then as an equity and convertible bond manager in 2011. She continued her career as a convertible bond manager at Rothschild & Cie in 2021. Sonia holds a Master’s degree in International Economics from the University of Paris IX Dauphine. Sonia joined Ostrum AM in February 2023.
Damien Clouzeau is a Portfolio Manager in the insurance Fixed Income team under the responsibility of Anne Ollier. Damien has more than 12 years of experience with strong expertise in both insurance and bond management for international clients. He started his career in 2011 as AXA Investment Manager. In 2014, he became a manager for AXA Group insurance companies in continental Europe, before taking over the management of AXA XL’s European assets, as well as the coordination with the teams based internationally. In 2021, he joined Le Conservateur Gestion Valor as head of investment grade and high-yield bond management. Damien holds a Master’s Degree in Financial Markets from SKEMA Business School. He joined Ostrum AM in September 2022.
Karim Khemache is an allocation portfolio manager in the multi-asset insurance management team, under the responsibility of Xavier-André Audoli. Karim has nearly 15 years of experience in asset management and benefits from a strong knowledge of international institutional investors, and more specifically Italian ones. He started his career at Amundi in 2009 as a fund manager of hedge funds. In 2016, he joined Generali as a multi-asset fund manager. He participated in the creation of the team and was in charge of the allocation of mandates and the management of open-ended multi-asset class funds. Karim is a graduate of the Lyon School of Management and holds the CFA and CAIA (Chartered Alternative Investment Analyst Association). Karim joined Ostrum AM in January 2023.