Eric Barthalon

ERIC BARTHALON

Executive Director

Global Head of Capital Markets and TAA

Allianz Investment Management SE, Munich

Eric graduated from Ecole Supérieure de Commerce de Paris (now ESCP-Europe) with a Major in Finance in 1979 and holds a law degree from Paris University (1979). He started his professional life with Paribas’ Private Banking Department in 1980 as a bond portfolio manager. In 1992, he became Head of Asset Allocation Research at Paribas Asset Management in London. In 1996, he was appointed Paribas’ Chief Economist. In 2000, he joined Allianz Global Investors.

Eric has been RCM’s Chief Economist and Co-Head of European Multi Assets based in Frankfurt. He was responsible for the team in charge of producing asset allocation recommendations and managing balanced portfolios, including alpha-porting funds (Allianz Investors Vision).

Eric joined Allianz Investment Management SE in Munich at the beginning of 2008 to head the Capital Markets and TAA team. From ALM to asset manager selection and monitoring, AIM SE owns the investment process followed by the insurance companies of the Allianz Group for the management of their reserves (Euro 650 billion).

He has authored a number essays for Conjoncture, Paribas’ monthly economic bulletin: The post-1990 surge in world currency reserves (October 1996), Wall Street’s “irrational exuberance” (January 1997), When does the dollar not fall? (April 1997), From here to eternity – Free thoughts on financial crises (October 1998), The Unites States: paymaster of last resort? (January 1999), What if inflation were to be around 10% in 2002? (February 1999), Dow Jones: 1.0394 x 104 (November 1999).

In association with Mr. Jacques de Larosière, he has presented a paper to the 2000 SUERF colloquium in Vienna: The restructuration of the European Banking Industry, Routledge 2001, London. He has also contributed a chapter, Nouvelle économie et capacité d’oubli (New economy and memory decay), in Crises Financières, Economica 2001, Paris.

Eric’s most recent publication (November 2014) is Uncertainty, Expectations and Financial Instability: Reviving Allais’s Lost Theory of Psychological Time, Columbia University Press, New York.