{"id":2626,"date":"2013-07-16T10:20:13","date_gmt":"2013-07-16T09:20:13","guid":{"rendered":"http:\/\/wpginjer.advence.net\/?p=2626"},"modified":"2016-04-05T08:36:15","modified_gmt":"2016-04-05T07:36:15","slug":"le-515-juillet-2013","status":"publish","type":"post","link":"https:\/\/ginjer-am.com\/en\/news\/515\/le-515-juillet-2013\/","title":{"rendered":"Le 5:15 &#8211; Juillet 2013"},"content":{"rendered":"<p>[et_pb_section admin_label=&#8221;Section&#8221; fullwidth=&#8221;off&#8221; specialty=&#8221;off&#8221; background_image=&#8221;https:\/\/ginjer-am.com\/wp-content\/uploads\/2015\/10\/identite_gilleleonard.jpg&#8221; transparent_background=&#8221;off&#8221; allow_player_pause=&#8221;off&#8221; inner_shadow=&#8221;off&#8221; parallax=&#8221;on&#8221; parallax_method=&#8221;off&#8221; padding_mobile=&#8221;off&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221; make_equal=&#8221;off&#8221; use_custom_gutter=&#8221;off&#8221; gutter_width=&#8221;3&#8243;][et_pb_row admin_label=&#8221;Ligne&#8221;][et_pb_column type=&#8221;4_4&#8243;][et_pb_post_title admin_label=&#8221;Titre du poste&#8221; title=&#8221;on&#8221; meta=&#8221;on&#8221; author=&#8221;on&#8221; date=&#8221;on&#8221; categories=&#8221;off&#8221; comments=&#8221;off&#8221; featured_image=&#8221;off&#8221; featured_placement=&#8221;below&#8221; parallax_effect=&#8221;on&#8221; parallax_method=&#8221;on&#8221; text_orientation=&#8221;center&#8221; text_color=&#8221;dark&#8221; text_background=&#8221;off&#8221; text_bg_color=&#8221;rgba(255,255,255,0.9)&#8221; module_bg_color=&#8221;rgba(255,255,255,0)&#8221; title_all_caps=&#8221;off&#8221; meta_font_size=&#8221;14&#8243; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; title_font_size=&#8221;36px&#8221;]<\/p>\n<p>[\/et_pb_post_title][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section admin_label=&#8221;section&#8221; transparent_background=&#8221;off&#8221; background_color=&#8221;#e8e8e8&#8243; allow_player_pause=&#8221;off&#8221; inner_shadow=&#8221;off&#8221; parallax=&#8221;off&#8221; parallax_method=&#8221;off&#8221; padding_mobile=&#8221;off&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221; make_equal=&#8221;off&#8221; use_custom_gutter=&#8221;off&#8221; gutter_width=&#8221;3&#8243;][et_pb_row admin_label=&#8221;row&#8221;][et_pb_column type=&#8221;4_4&#8243;][et_pb_text admin_label=&#8221;Texte&#8221; background_layout=&#8221;light&#8221; text_orientation=&#8221;left&#8221; text_font_size=&#8221;14&#8243; use_border_color=&#8221;off&#8221; border_color=&#8221;#bcbcbc&#8221; border_style=&#8221;solid&#8221; background_color=&#8221;#ffffff&#8221; custom_padding=&#8221;40px|40px|40px|40px&#8221;]<\/p>\n<p>1\/ En d\u00e9pit des turbulences g\u00e9opolitiques (Egypte, Br\u00e9sil,\u2026), de la poursuite des inqui\u00e9tudes en Europe (Italie, Espagne) et de la perte du \u00ab dernier AAA \u00bb fran\u00e7ais, les march\u00e9s poursuivent leurs hausses ; et nos signaux restent toujours orient\u00e9s favorablement.<\/p>\n<p>2\/ Plus la remont\u00e9e des taux se concr\u00e9tise, plus il apparait que celle-ci s\u2019effectue en marches d\u2019escaliers. Du point de vue des interactions, ce risque haussier \u00e9tait enclench\u00e9 depuis novembre 2012 d\u00e9j\u00e0.<\/p>\n<p>3\/ Au niveau sectoriel, nous assistons\u00a0 toujours \u00e0 une d\u00e9tente dans notre matrice de risque sur les valeurs cycliques europ\u00e9ennes dans la lign\u00e9e d\u2019un mouvement initi\u00e9 par les titres bancaires d\u00e8s juin 2012.<\/p>\n<p>4\/ Cette lente diminution du risque laisse pr\u00e9sager de bonnes surprises lors des publications de r\u00e9sultats \u00e0 venir en Europe.<\/p>\n<p>5\/ Dans ce contexte, et comme nous l\u2019avions \u00e9voqu\u00e9 dans notre \u00ab flash \u00bb du 24 juin, nous confirmons notre optimisme sur les actifs risqu\u00e9s ; particuli\u00e8rement sur les secteurs cycliques que nous pourrions une nouvelle fois renforcer en portefeuille.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;row&#8221;][et_pb_column type=&#8221;4_4&#8243;][et_pb_text admin_label=&#8221;Texte&#8221; background_layout=&#8221;light&#8221; text_orientation=&#8221;center&#8221; text_font=&#8221;Oswald||||&#8221; text_font_size=&#8221;30&#8243; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; custom_margin=&#8221;40px||40px|&#8221;]<\/p>\n<p>Consultez nos 3 derni\u00e8res actualit\u00e9s<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Ligne&#8221;][et_pb_column type=&#8221;4_4&#8243;][et_pb_code admin_label=&#8221;Actualite ess grid&#8221;][\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section admin_label=&#8221;Section&#8221; global_module=&#8221;490&#8243; fullwidth=&#8221;off&#8221; specialty=&#8221;off&#8221; transparent_background=&#8221;off&#8221; allow_player_pause=&#8221;off&#8221; inner_shadow=&#8221;off&#8221; parallax=&#8221;off&#8221; parallax_method=&#8221;off&#8221; custom_padding=&#8221;0px|0px&#8221; padding_mobile=&#8221;off&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221; make_equal=&#8221;off&#8221; use_custom_gutter=&#8221;off&#8221; background_color=&#8221;#c8b8d5&#8243; module_class=&#8221;bordure&#8221; gutter_width=&#8221;3&#8243; disabled=&#8221;off&#8221; module_id=&#8221;contact&#8221;][et_pb_row global_parent=&#8221;490&#8243; admin_label=&#8221;Ligne&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221; use_custom_gutter=&#8221;off&#8221; custom_padding=&#8221;|&#8221; padding_mobile=&#8221;off&#8221; allow_player_pause=&#8221;off&#8221; parallax=&#8221;off&#8221; parallax_method=&#8221;off&#8221; make_equal=&#8221;off&#8221; padding_bottom_1=&#8221;0px&#8221; column_padding_mobile=&#8221;on&#8221; gutter_width=&#8221;3&#8243; parallax_1=&#8221;off&#8221; parallax_method_1=&#8221;off&#8221;][et_pb_column type=&#8221;4_4&#8243;][et_pb_text global_parent=&#8221;490&#8243; admin_label=&#8221;Contacts&#8221; background_layout=&#8221;light&#8221; text_orientation=&#8221;left&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; module_id=&#8221;contacts&#8221;]<\/p>\n<h1 style=\"text-align: center; color: #fff;\">CONTACT<\/h1>\n<p>[\/et_pb_text][et_pb_text global_parent=&#8221;490&#8243; admin_label=&#8221;Texte&#8221; background_layout=&#8221;dark&#8221; text_orientation=&#8221;center&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; custom_padding=&#8221;|50px||50px&#8221;]<\/p>\n<p>Vous \u00eates int\u00e9ress\u00e9s par l\u2019approche de Ginjer AM et souhaitez en savoir plus ? Contactez Ginjer AM qui vous r\u00e9pondra rapidement<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row global_parent=&#8221;490&#8243; admin_label=&#8221;Ligne&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221; use_custom_gutter=&#8221;off&#8221; custom_padding=&#8221;|&#8221; padding_mobile=&#8221;off&#8221; allow_player_pause=&#8221;off&#8221; parallax=&#8221;off&#8221; parallax_method=&#8221;off&#8221; make_equal=&#8221;off&#8221; padding_bottom_1=&#8221;0px&#8221; column_padding_mobile=&#8221;on&#8221; parallax_1=&#8221;off&#8221; parallax_method_1=&#8221;off&#8221; disabled=&#8221;off&#8221; custom_margin=&#8221;||20px|&#8221;][et_pb_column type=&#8221;4_4&#8243;][et_pb_contact_form global_parent=&#8221;490&#8243; admin_label=&#8221;Formulaire de contact&#8221; captcha=&#8221;off&#8221; email=&#8221;theamgarden@ginjer-am.com&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; custom_button=&#8221;on&#8221; button_border_radius=&#8221;50&#8243; button_letter_spacing=&#8221;0&#8243; button_use_icon=&#8221;off&#8221; button_icon_placement=&#8221;right&#8221; button_on_hover=&#8221;off&#8221; button_border_radius_hover=&#8221;50&#8243; button_letter_spacing_hover=&#8221;0&#8243; button_font=&#8221;Roboto||||&#8221; title_text_color=&#8221;#ffffff&#8221; button_text_color=&#8221;#ffffff&#8221; button_bg_color=&#8221;#ff5b72&#8243; button_text_color_hover=&#8221;#ffffff&#8221; button_bg_color_hover=&#8221;rgba(255,91,114,0.6)&#8221; use_redirect=&#8221;off&#8221; success_message=&#8221;Merci, votre demande est envoy\u00e9e&#8221; input_border_radius=&#8221;0&#8243; custom_css_contact_button=&#8221;float: none;||text-align: center;&#8221; module_class=&#8221;et_contact_bottom_container&#8221; custom_css_main_element=&#8221;float: none;||text-align: center;&#8221; button_border_width=&#8221;0&#8243;]<\/p>\n<p>[et_pb_contact_field field_id=&#8221;adress&#8221; field_title=&#8221;Votre adresse mail&#8221; field_type=&#8221;email&#8221; required_mark=&#8221;on&#8221; fullwidth_field=&#8221;on&#8221; form_field_font_select=&#8221;default&#8221; form_field_font=&#8221;||||&#8221; use_border_color=&#8221;off&#8221; border_style=&#8221;solid&#8221; \/][et_pb_contact_field field_id=&#8221;text&#8221; field_title=&#8221;Votre demande&#8221; field_type=&#8221;text&#8221; required_mark=&#8221;on&#8221; fullwidth_field=&#8221;on&#8221; form_field_font_select=&#8221;default&#8221; form_field_font=&#8221;||||&#8221; use_border_color=&#8221;off&#8221; border_style=&#8221;solid&#8221; \/]<\/p>\n<p>[\/et_pb_contact_form][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section admin_label=&#8221;Section&#8221; global_module=&#8221;355&#8243; fullwidth=&#8221;off&#8221; specialty=&#8221;off&#8221; transparent_background=&#8221;off&#8221; allow_player_pause=&#8221;off&#8221; inner_shadow=&#8221;off&#8221; parallax=&#8221;off&#8221; parallax_method=&#8221;off&#8221; padding_mobile=&#8221;off&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221; make_equal=&#8221;off&#8221; use_custom_gutter=&#8221;off&#8221; gutter_width=&#8221;3&#8243; custom_padding=&#8221;25px||25px|&#8221; background_color=&#8221;#283139&#8243;][et_pb_row global_parent=&#8221;355&#8243; admin_label=&#8221;Ligne&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221; use_custom_gutter=&#8221;off&#8221; gutter_width=&#8221;3&#8243; padding_mobile=&#8221;off&#8221; allow_player_pause=&#8221;off&#8221; parallax=&#8221;off&#8221; parallax_method=&#8221;off&#8221; make_equal=&#8221;off&#8221; parallax_1=&#8221;off&#8221; parallax_method_1=&#8221;off&#8221; parallax_2=&#8221;off&#8221; parallax_method_2=&#8221;off&#8221; parallax_3=&#8221;off&#8221; parallax_method_3=&#8221;off&#8221; column_padding_mobile=&#8221;on&#8221; custom_padding=&#8221;0px||0px|&#8221;][et_pb_column type=&#8221;1_4&#8243;][et_pb_text global_parent=&#8221;355&#8243; admin_label=&#8221;Texte&#8221; background_layout=&#8221;dark&#8221; text_orientation=&#8221;left&#8221; text_line_height=&#8221;1.4em&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; text_font=&#8221;Oswald||||&#8221; text_font_size=&#8221;15&#8243; text_font_size_last_edited=&#8221;off|desktop&#8221;]<\/p>\n<p><a href=\"https:\/\/ginjer-am.com\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1650 size-full\" src=\"https:\/\/ginjer-am.com\/wp-content\/uploads\/2015\/10\/ginjer_logo_blanc.png\" alt=\"ginjer_logo_blanc\" width=\"345\" height=\"98\" \/><\/a><\/p>\n<p>[\/et_pb_text][et_pb_text global_parent=&#8221;355&#8243; admin_label=&#8221;Texte&#8221; background_layout=&#8221;dark&#8221; text_orientation=&#8221;center&#8221; text_font_size=&#8221;11&#8243; text_line_height=&#8221;1.4em&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; custom_margin=&#8221;10px||10px|&#8221; disabled=&#8221;off&#8221; module_class=&#8221;linkspecial&#8221;]<\/p>\n<p>Website created by <a href=\"http:\/\/www.advence.fr\" target=\"_blank\">Advence<\/a>\u00a02015<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243;][et_pb_text global_parent=&#8221;355&#8243; admin_label=&#8221;Texte&#8221; background_layout=&#8221;dark&#8221; text_orientation=&#8221;left&#8221; text_line_height=&#8221;1.4em&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; text_font=&#8221;Oswald||||&#8221; text_font_size=&#8221;15&#8243; text_font_size_last_edited=&#8221;off|desktop&#8221;]<\/p>\n<h1>Identit\u00e9<\/h1>\n<p>[\/et_pb_text][et_pb_text global_parent=&#8221;355&#8243; admin_label=&#8221;Texte&#8221; background_layout=&#8221;dark&#8221; text_orientation=&#8221;left&#8221; text_line_height=&#8221;1.5em&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; module_class=&#8221;linkspecial&#8221; text_font_size=&#8221;13&#8243; text_font=&#8221;Open Sans||||&#8221;]<\/p>\n<p><a href=\"https:\/\/ginjer-am.com\/identite\/notre-philosophie\/\">Philosophie<\/a><br \/><a href=\"https:\/\/ginjer-am.com\/identite\/equipe\/\">\u00c9quipe<\/a><br \/><a href=\"https:\/\/ginjer-am.com\/identite\/ambition\/\">Ambition<\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243;][et_pb_text global_parent=&#8221;355&#8243; admin_label=&#8221;Texte&#8221; background_layout=&#8221;dark&#8221; text_orientation=&#8221;left&#8221; text_line_height=&#8221;1.4em&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; text_font=&#8221;Oswald||||&#8221; text_font_size=&#8221;15&#8243;]<\/p>\n<h1>Services<\/h1>\n<p>[\/et_pb_text][et_pb_text global_parent=&#8221;355&#8243; admin_label=&#8221;Texte&#8221; background_layout=&#8221;dark&#8221; text_orientation=&#8221;left&#8221; text_line_height=&#8221;1.5em&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; module_class=&#8221;linkspecial&#8221; text_font=&#8221;Open Sans||||&#8221; text_font_size=&#8221;13&#8243;]<\/p>\n<p><a href=\"https:\/\/ginjer-am.com\/services\/le515\/\">5\/15<\/a><br \/><a href=\"https:\/\/ginjer-am.com\/services\/labs-news\/\">Le Lab<\/a><br \/><a href=\"https:\/\/ginjer-am.com\/services\/formation\/\">Formation<\/a><br \/><a href=\"https:\/\/ginjer-am.com\/ginjer-actifs-360\/\">Fonds<\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243;][et_pb_text global_parent=&#8221;355&#8243; admin_label=&#8221;Texte&#8221; background_layout=&#8221;dark&#8221; text_orientation=&#8221;left&#8221; text_line_height=&#8221;1.4em&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; text_font=&#8221;Oswald||||&#8221; text_font_size=&#8221;15&#8243;]<\/p>\n<h1>Liens utiles<\/h1>\n<p>[\/et_pb_text][et_pb_text global_parent=&#8221;355&#8243; admin_label=&#8221;Texte&#8221; background_layout=&#8221;dark&#8221; text_orientation=&#8221;left&#8221; text_line_height=&#8221;1.5em&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; module_class=&#8221;linkspecial&#8221; text_font=&#8221;Open Sans||||&#8221; text_font_size=&#8221;13&#8243;]<\/p>\n<p><a href=\"https:\/\/ginjer-am.com\/wp-content\/uploads\/2016\/02\/presskit_ginjer.pdf\" target=\"_blank\">Press-kit<\/a><br \/><a href=\"https:\/\/ginjer-am.com\/nos-partenaires\/\">Nos partenaires<\/a><br \/><a href=\"https:\/\/ginjer-am.com\/mentions-legales\/\">Mentions L\u00e9gales<\/a><br \/><a href=\"https:\/\/ginjer-am.com\/contact\/\">Nous contacter<\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section admin_label=&#8221;Section&#8221; global_module=&#8221;461&#8243; fullwidth=&#8221;on&#8221; specialty=&#8221;off&#8221; transparent_background=&#8221;off&#8221; allow_player_pause=&#8221;off&#8221; inner_shadow=&#8221;off&#8221; parallax=&#8221;off&#8221; parallax_method=&#8221;off&#8221; custom_padding=&#8221;0px|0px|0px|0px&#8221; padding_mobile=&#8221;on&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221; make_equal=&#8221;off&#8221; use_custom_gutter=&#8221;off&#8221; gutter_width=&#8221;3&#8243; disabled_on=&#8221;on|on|on&#8221; disabled=&#8221;on&#8221;][et_pb_fullwidth_menu global_parent=&#8221;461&#8243; admin_label=&#8221;Menu plein \u00e9cran&#8221; menu_id=&#8221;13&#8243; background_color=&#8221;#283139&#8243; background_layout=&#8221;dark&#8221; text_orientation=&#8221;right&#8221; submenu_direction=&#8221;upwards&#8221; fullwidth_menu=&#8221;off&#8221; dropdown_menu_animation=&#8221;fade&#8221; menu_font_size=&#8221;16px&#8221; menu_font=&#8221;Open Sans||||&#8221; active_link_color=&#8221;#ff5b72&#8243; menu_text_color=&#8221;#ffffff&#8221; custom_css_main_element=&#8221;padding:0px;&#8221; dropdown_menu_line_color=&#8221;#ff5b72&#8243; 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