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BLMIS never actually ran a hedge fund but claimed to execute a conservative strategy delivering annual returns of 10%-12% per annum by actively trading a very specific portfolio of stocks and options (Gregoriou & Lhabitant 2009 page 6, EDHEC Risk and Asset Management Research Centre ). A graduate of EDHEC, Boucault started his career in 1997 with MGE UPS Systems (a spin-off of Schneider Electric) as controller of a joint venture in Indonesia. It offers an MBA from the EDHEC campus in Nice which uses a modular structure, allowing full- and part-time students to study alongside each other. |
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