:Bruno Crastes

Bruno Crastes was born on May 15, 1965, in the suburbs of Lyon. He received a BA in mathematics from the University of Lyon and graduated in actuarial sciences from the Institut de Science Financière et d’Assurances.{{cite web|url=http://www.h2o-am.com/en-INT/About-H2O-AM/Team|title=Teams - About H2O AM - H2O Asset Management|website=H2o-am.com|access-date=2014-08-11|archive-date=2014-08-12|archive-url=https://web.archive.org/web/20140812212352/http://www.h2o-am.com/en-INT/About-H2O-AM/Team|url-status=live}}

After graduation, he started his career at Bank Louis Dreyfus as a proprietary trader on bond market. He then moved to Indosuez Asset Management (later known as Crédit Agricole Asset Management and then Amundi), a French asset management company. He began managing global fixed income portfolios at Crédit Agricole Asset Management and rose through the ranks and from 1994 on, he headed the global fixed income desk. He was appointed CIO of CAAM London in 2002 and then CEO in 2005. The same year, he was the top manager in the Citywire Fund Manager ratings for France,.{{Cite web |url=http://citywire.co.uk/money/caam-star-crastes-leads-new-citywire-fund-manager-ratings-for-france/a269669 |title=CAAM star Crastes leads new Citywire Fund Manager Ratings for France - Citywire Money |access-date=2014-08-11 |archive-url=https://web.archive.org/web/20140812210301/http://citywire.co.uk/money/caam-star-crastes-leads-new-citywire-fund-manager-ratings-for-france/a269669 |archive-date=2014-08-12 |url-status=dead }}{{cite web|url=http://votreargent.lexpress.fr/opcvm/les-francais-tiennent-la-route_14229.html|title=Les Français tiennent la route|date=9 December 2005|website=Votreargent.lexpress.fr|access-date=20 August 2014|archive-date=21 August 2014|archive-url=https://web.archive.org/web/20140821131531/http://votreargent.lexpress.fr/opcvm/les-francais-tiennent-la-route_14229.html|url-status=live}} He topped the league again in 2006.{{cite web |url=http://www.ft.com/cms/s/1/87181c60-bfbf-11db-9ac2-000b5df10621.html%23axzz3AyRiQgxi |title=Citywire profile: Pride of place for the French - FT.com |website=www.ft.com |access-date=26 January 2022 |archive-url=https://archive.today/20140820214928/http://www.ft.com/cms/s/1/87181c60-bfbf-11db-9ac2-000b5df10621.html%23axzz3AyRiQgxi |archive-date=20 August 2014 |url-status=dead}} In 2007, he was nominated for the "CIO of the Year" award.{{cite web|url=https://www.skagenfunds.com/Global/2.0_PDFs/2.6_Market_Report/International/2007/20071201_Market-Report-7.pdf |title=Archived copy |accessdate=2014-08-11 |url-status=dead |archiveurl=https://web.archive.org/web/20140812212202/https://www.skagenfunds.com/Global/2.0_PDFs/2.6_Market_Report/International/2007/20071201_Market-Report-7.pdf |archivedate=2014-08-12 }} In 2010, following the creation of Amundi, he was appointed member of the executive committee and Deputy Head of the Institutional Investment Division. "Top fund manager and fixed income specialist for over 20 years",{{cite web|url=http://citywire.ch/news/bruno-crastes-bi-polar-markets-are-my-enemy/a580509?section=global|title=Bruno Crastes: bi-polar markets are my enemy|website=Citywire.ch|access-date=2014-08-11|archive-date=2014-08-12|archive-url=https://web.archive.org/web/20140812210713/http://citywire.ch/news/bruno-crastes-bi-polar-markets-are-my-enemy/a580509?section=global|url-status=live}} Bruno Crastes has been made famous developing an innovative range of absolute return range of open-ended funds called VaR funds from March 1999.{{cite web|url=http://www.agefi.fr/articles/bruno-crastes-quitte-ses-fonctions-chez-amundi-1132853.html |title=Bruno Crastes quitte ses fonctions chez Amundi |accessdate=2014-08-13 |url-status=dead |archiveurl=https://web.archive.org/web/20140816050601/http://www.agefi.fr/articles/bruno-crastes-quitte-ses-fonctions-chez-amundi-1132853.html |archivedate=2014-08-16 }}{{in lang|fr}}{{cite web|url=http://www.next-finance.net/Bruno-Crastes-Our-models-are-still|title=Interview - Bruno Crastes : " Our models are still based on an enhanced version of the Black-Litterman model "|website=Next-finance.net|access-date=2014-08-11|archive-date=2014-08-12|archive-url=https://web.archive.org/web/20140812204340/http://www.next-finance.net/Bruno-Crastes-Our-models-are-still|url-status=live}} One of the VaR funds, CAAM Invest VaR 20 I EUR fund, won the Lipper award for Global macro in Europe in 2010.{{cite web|url=http://blogs.reuters.com/unstructuredfinance/2009/10/30/lipperawards/|archive-url=https://web.archive.org/web/20140812210242/http://blogs.reuters.com/unstructuredfinance/2009/10/30/lipperawards/|url-status=dead|archive-date=2014-08-12|title=And the award for best hedge fund goes to….|website=Reuters}}

In 2010, he co-founded {{Proper name|H2O AM LLP}} with Vincent Chailley, focusing on liquid absolute return strategies.{{Cite web |url=http://www.institutionalinvestor.com/Article/2635615/Bruno-Crastes-Sets-Up-Global-Macro-Firm.html#.U-k8TuOSxnk |title=Bruno Crastes Sets up Global Macro Firm | Institutional Investor |access-date=2014-08-11 |archive-url=https://web.archive.org/web/20140813110240/http://www.institutionalinvestor.com/Article/2635615/Bruno-Crastes-Sets-Up-Global-Macro-Firm.html#.U-k8TuOSxnk |archive-date=2014-08-13 |url-status=dead }} He was nominated "Best global bond manager of the past five years" in June 2013{{cite web|url=http://citywireglobal.com/news/the-five-best-global-bond-managers-of-the-past-five-years-revealed/a688175#i=5|title=The five best global bond managers of the past five years revealed|website=Citywireglobal.com|accessdate=2 August 2018}} with a performance of 89.71% vs. 33.65% for the peer group.

In December 2014, he arrived second in the Top 100 European fund managers ranking of l'Agefi Suisse.{{cite web|url=http://www.agefi.com/fileadmin/import/magazines/indices/201412_indices_10_top_100_managers/pdf/201412_indices_10_top_100_managers.pdf|title=Top 100 Managers|website=Agefi.com|accessdate=2 August 2018|archive-date=11 October 2018|archive-url=https://web.archive.org/web/20181011213904/http://www.agefi.com/fileadmin/import/magazines/indices/201412_indices_10_top_100_managers/pdf/201412_indices_10_top_100_managers.pdf|url-status=live}}

He is currently acting as Group Corporate & Market Strategy Director of {{Proper name|H2O AM}} and Vincent Chailley as Group CIO. He received the "Prix spécial BFMTV" on behalf of {{Proper name|H2O AM}} in February 2015.{{cite web|url=https://video-streaming.orange.fr/actu-politique/prix-special-h2o-am-dnca-finance-bruno-crastes-joseph-chatel-et-jean-charles-meriaux-09-02-VID0000001vJ55.html|title=prix-special-h2o-am|website=video-streaming.orange.fr|access-date=2018-08-03|archive-date=2018-08-03|archive-url=https://web.archive.org/web/20180803223924/https://video-streaming.orange.fr/actu-politique/prix-special-h2o-am-dnca-finance-bruno-crastes-joseph-chatel-et-jean-charles-meriaux-09-02-VID0000001vJ55.html|url-status=live}} His fund H2O MultiBonds FCP won the absolute return bond fund award at the Investment Week Specialist awards ceremony in Autumn 2015.{{Cite web |url=http://www.specialistinvestmentawards.co.uk/static/winners |title=Winners - Specialist Investment Awards 2016 |access-date=2016-06-02 |archive-url=https://web.archive.org/web/20160630141319/http://www.specialistinvestmentawards.co.uk/static/winners |archive-date=2016-06-30 |url-status=dead }}

Natixis holds 23.4% of {{Proper name|H2O AM}} shares via Natixis Investment Managers.[https://www.globenewswire.com/news-release/2020/08/28/2085614/0/en/Natixis-supports-the-measures-taken-by-H2O-Asset-Management-in-the-interests-of-clients.html GlobeNewswire August 28, 2020 "Natixis supports the measures taken by {{Proper name|H2O Asset Management}} in the interests of clients"]

On December 30, 2022, he was sentenced in France by the Autorité des marchés financiers (France) (the French FCA) to a fine of 15 million euros for three technical grievances on non-compliance with investment rules, {{Proper name|H2O}} was fined 75 million euros on this occasion.{{Cite web |url=https://www.amf-france.org/sites/default/files/private/2023-01/d%C3%A9cision_pub_0.pdf |title=AMF December 30 2022 |access-date=2023-01-04 |archive-date=2023-01-03 |archive-url=https://web.archive.org/web/20230103172111/https://www.amf-france.org/sites/default/files/private/2023-01/d%C3%A9cision_pub_0.pdf |url-status=live }}[https://www.amf-france.org/fr/actualites-publications/communiques/communiques-de-la-commission-des-sanctions/la-commission-des-sanctions-de-lamf-sanctionne-la-societe-de-gestion-britannique-h2o-am-llp-et-deux AMF December 30 2022]

{{Reflist}}

• [http://www.h2o-am.com/ {{Proper name|H2O AM LLP}}] Official Website

{{DEFAULTSORT:Crastes, Bruno}}

Category:Living people

Category:1965 births

Category:French money managers

Category:French company founders

Category:Businesspeople from Lyon

Category:French expatriates in the United Kingdom

Category:French hedge fund managers