Be flexible, and watch and understand the success of others.

 

Clément Perrette received his baccalauréat in 1983 and after following 3 years of  “Classes Préparatoires Grandes Ecoles, P’ with a speciality in Physics” in Lycée St Louis, Paris Clément studied 3 years at l’Ecole Nationale Supérieure d’Informatique et de Mathématiques Appliquées in Grenoble, France and  graduated with a Civil Engineering diploma in 1989.

In 1990, after graduating from a Master of Finance HEC Paris, France, Clément worked 2 years in NYC, USA working as Financial analyst (VSNE, program sponsored by French state) for Worms &Cie before joining Société Générale Paris in late 1992 in the Fixed Income Capital market team.

In Société Générale, Paris he set up the STRIPs (zero coupon bonds) desk in FRF before joining Paribas, Paris in 1995 where he continued to trade FRF STRIPs and set up STRIPs desks in various European currencies. Clément STRIPS desks where number 1 in Europe for market share when it came to client volumes.

In 2000, he joined Deutsche Bank in Paris to run EUR STRIPs and EUR Linkers desks.

In 2002, Clément moved to Barclays Capital in London to run the Long End EUR Rates trading desk and later from 2008, the all EUR Rates trading team in charge of Government Bonds and Interest Rates derivatives. He was promoted Managing Director in 2006.

Barclays EUR Rates franchise was rated in the top rankings for both profitability and customer franchise rankings during the entirety of Clément career at Barclays. Barclays was number one EUR Rates house from 2004 to 2011.

In 2011, after more than 20 years in Capital markets, Clement family relocated to Paris. Barclays offered him the possibility to take some months off before moving to a new job.

In September 2011, Clément rented a 47-foot sailing boat, Cruising Bird, and sailed her across the Atlantic for nearly 4 months between the Basque Country, Portugal, Madeira Islands, Cabo Verde and the West Indies.

In January 2012 Clément became Head of Barclays Investment Function and set up the team to manage the Liquidity Buffer team and the Investment portfolios for Barclays Plc.

In 2013, after 20yrs in Capital Markets he retired from the banking industry to enjoy a more balanced life style in Geneva, Switzerland.

Since 2015, he joined RAM Active Investments, Geneva as a MD senior portfolio manager, he manages the Global Bond Total Return fund a Defensive Global Fixed Income UCITs fund managing circa 150M USD.

In parallel to his asset management career, Clement started to involve himself into Ocean preservation

From 2015 onwards, as coproducer of “Call of the Blue”, a 300 spectacular photos book project of his friend Philip Hamilton, Clément engaged himself notably in the sponsors relationships, the philanthropic project is aimed at helping the works of scientists behind marine life protection initiatives.

Through the aesthetics of marine life images, the goal is to raise awareness of the public and promote a wide range of biodiversity projects from cetaceans, turtles, mantas and rays, sharks and also coastal/reef waters and oceans. The narrative presents the works of 52 among the best biologists and scientists. In addition we have the participation of 20 global ocean guardians, explorers, entrepreneurs, explorers, presenters, film makers, actors, singers, authors, sportsmen and key figures that answered the call of the blue.

More recently, together with Philip Hamilton and The Uproar Fund (TUF, non-profit), managed by Uproar, Clément Perrette will help as executive producer the production of Ocean Souls a film into the life of whales and dolphins promoting science and beauty Our main goal is to show the intelligence, social behaviour and strong feelings of the animals, to raise awareness in the context of Japan and Iceland resuming whales hunting.

He is also in the process to join Uproar as non-executive Board Member a E-Commerce platform enabling nature film productions and participations in nature conservation funds. Uproar also manage The Uproar Fund (TUF) a non-profit Fund looking to raise funds and awareness for conservation projects.

Clément Perrette is married and has 3 children. He lives with his family in Geneva.

Where did the idea for your company come from?

I try to split my time between my professional life in Asset Management and my passion for the oceans.
As a Senior Portfolio Manager, I co-manage the RAM GBTR (Global Bond Total Return fund) a Global flexible and unconstrained fixed income fund.

Our clients are mainly institutional investors looking for a safe, liquid and diversified Fixed Income fund.
Since my childhood I have been passionate about the sea.

Working with my friend Philp Hamilton in Sea preservation projects and helping for the good cause is extremely fulfilling.

What does your typical day look like and how do you make it productive?

Research reading and investments on capital markets.

Evening: calls and emails for Call of the Blue/Ocean Souls projects

In coming weeks, my engagement with Uproar, will include 2 or 3 hours a day to help develop this company.

Occasional sponsors meetings to raise funds for Call of the Blue and Ocean Souls.

How do you bring ideas to life?

I am quite an intuitive personality.
I then accept to challenge my opinions, take in account opposite arguments and interact/ exchange ideas with trusted friends or specialists

When working in Asset Management or trading (I spent more than 20 years in Capital Markets floors in London and Paris) you can implement your opinions via your investments and trading decisions.

For the ocean preservation:

I have been travelling a lot with Philip in various trips to meet the scientists and be in the water…
For the financing and sponsors I tend to use my network.

What’s one trend that excites you?

On the professional front, I always loved investing and trading for all my career.

Being able to confront your ideas and strategies and then implement them has always been a real excitement for the last 27 years on capital markets!

Oceans above and beneath have always been my passion, having the opportunity to make a difference thanks to Call of the Blue and Uproar is a real fulfilment.

What is one habit of yours that makes you more productive as an entrepreneur?

I listen, and I believe to be a flexible individual when it comes to make my mind on a topic. When comes decision time I can take decisions and implement them.

What advice would you give your younger self?

Be more patient!
I suppose that working in Capital markets for 20 years did not help on the patience side.

Tell us something that’s true that almost nobody agrees with you on.

We hear and read a lot about climate change which is obviously a key issue with many economics and political implications in Developed and Emerging countries.
Changing our consumption habits is a necessity and we (who leave in rich countries) absolutely need to lead by example, but it might take some time to convince emerging countries and have a meaningful impact in a short period of time.
Protecting the bio diversity, before it’s too late, every action counts today…I think this topic should be our first environmental priority now…

As an entrepreneur, what is the one thing you do over and over and recommend everyone else do?

Listen and create bonds

What is one strategy that has helped you grow your business?

Be flexible and watch/understand the success of others.

When we grew Barclays Rates franchise from a relative minor player to number 1 EUR trading house between 2002 to 2004, we focused on understanding and improving the successes of our competitors.

What is one business idea that you’re willing to give away to our readers?

In Geneva, a good coffee shop… invest in Italian machine and a good interior designer to make the place cosy.

I believe people will want to move away from the big brands like Starbucks…

What is the best $100 you recently spent? What and why?

Donation for sea preservation!

What is one piece of software or a web service that helps you be productive?

I love paper books and paper magazines.

Being a computer scientist as a student I of course endorsed Softwares and web services but more as means than passions

What is the one book that you recommend our community should read and why?

Aside from Finance and the Oceans I love to read History books.

The Ascent of Money by Niall Ferguson which examine the long history of money should be read by all history lovers. Especially in France.. the impact of Finance and money in the making of History is often underestimated.

Collapse by Jared Diamond, studying the collapse of human civilizations when their disregard environment is also a must read.

What is your favorite quote?

Lately I would say the Economist and the Guardian for interesting world news coverage, each with their own political bias of course, that needs to be filtered…

For your readers who can understand French, interested with a scientist approach to energy policies key to environment: France Stratégie.

On nature and sea preservation, I interact a lot with my friend Philip Hamilton and the incredible scientists that I could meet thanks to Call of the Blue/Ocean Souls projects.

Key Learnings:

  • Having the opportunity to make a difference is true fulfillment.
  • Be flexible and watch/understand the success of others.
  • Nothing beats a good cup of coffee!

Connect:

www.clement-perrette.com

https://www.calloftheblue.org/

https://www.linkedin.com/in/clement-perrette-10575244/