ThinkMacro Podcast : Episode 10

In this episode, Vincent Chailley, Chief Investment Officer of H2O AM Group & Monaco S.A.M., revisits the speculative bubble many feared around AI and the hyperscalers.
Internet Notice: Eurosovereign, Eurosovereign-3-5

Purchase offer for shares in H2O Fidelio sub-fund has closed, with a participation rate of 84.5%

The acceptance rate for the Offer made to shareholders of the H2O Fidelio Fund (announced on 16 March 2026), a sub-fund of the H2O Global Strategies ICAV (the “Sub-fund”), which closed on 29 May 2026, has reached 84.5% of the Sub-fund’s assets under management.
H2O AM to complete the liquidation of the side-pocketed funds with a final repayment of €135.7 million

Paris, 29/06/2026 The asset management company has completed the disposal of the assets of the side-pocketed funds and will finalise the liquidation of these funds between 20 and 22 July 2026.Following two repayments in January 2023 and March 2024, a third and final repayment of €135.7 million will therefore take place in the coming weeks. […]
ThinkMacro Podcast : Episode 9

Six months in, and the macro picture looks nothing like a quiet year. In this mid-year review, Vincent Chailley, CIO at H2O AM Group & Monaco S.A.M., sits down with Thomas Delabre, Portfolio Manager and macro specialist, to take stock of a first half shaped by the Iran war, the closure of the Strait of Hormuz, and the return of the AI theme with a vengeance. Three worlds, three very different stories – a resilient Europe with no real growth engine, a US walking an increasingly fine line, and an Asia quietly accumulating structural advantages the market is still underestimating. Where do we stand, and what comes next?
Merger Announcement: H2O Adagio FCP – H2O EuroAggregate
The Oil Shock Markets Refuse to Price

Markets may be under-pricing the oil shock’s macro impact. Investors are dismissing both duration and non-linearity: the longer oil prices stay elevated, the greater the cumulative drag on growth, while shocks become disproportionately more disruptive at higher price levels, with moves above $100 carrying materially larger macroeconomic consequences.
H2O AM appoints new distribution partner for Australia and New Zealand

Singapore / Paris, 28 May 2026 H2O AM has appointed Strathnaver Capital as Distribution Partner across Australia and New Zealand. Based in Sydney, Strathnaver Capital specialises in distribution and marketing services to institutional and wholesale markets. Its Founder and Managing Director, Richard Borysiewicz, will collaborate closely with H2O AM’s Europe distribution team dedicated to this […]
Why FX is the new diversifier?

With intelligence spoke to H2O AM’s CIO (Group & Monaco S.A.M), Vincent Chailley, about why foreign exchange has become the diversifier of choice.
ThinkMacro Podcast : Episode 8

In this new episode of ThinkMacro presented by Babak Abrar, Vincent Chailley (CIO of H2O AM Group and H2O Monaco S.AM), discusses the macroeconomic fallout from the conflict in Iran and its implications for global growth and markets.