Feb 17 - Local Wealth Management Company Partners with French Firm
Hyperion Wealth Management Limited, a local company offering banking, investment and asset management opportunities, held a seminar last week, in conjunction with French firm Riskelia offered clients the chance to learn ‘How to Invest after the oil meltdown.’
Riskelia is a research driven asset management firm, which partnered with Hyperion once the local firm passported its license to France. This collaboration strengthens its presence in Paris, France and adds another offer to its range of services.
Riskelia CEO Jean-Jacques Ohana discussed the fallout of the oil collapse and how it both affected and could benefit investors. He highlighted that oil tumbled more than 50% over the last six months and that while oil consumers benefit from the oil collapse, oil-producing companies and countries have been badly hit.
The seminar soon took shape as an interactive discussion as the speaker commented that as a lot of vulnerable players have taken debt, the oil slump may trigger a cascade of defaults in US high yield debt and emerging countries such as Russia, Venezuela and Brazil.
