Finance and the Emerging Global Economic Order: Conference hosted by the University Paris Dauphine- PSL.
Our firm was pleased to take part in HOF Days 2026, hosted by the Banking, Finance & Insurance Program (BFA), University Paris Dauphine-PSL.
It was a stimulating and insightful moment, marked by high-quality discussions and analyses that truly matched the scale of today’s challenges.
The conference fully met expectations, offering meaningful perspectives on the ongoing transformations at the crossroads of geopolitics, industry, and finance. Several key takeaways stand out.
1. From optimization to security: a strategic shift
The focus is no longer solely on performance and cost optimization. Ensuring operational continuity has become the top priority, even if it requires deep transformations of industrial models.
2. The return of the State as a structuring force
In an increasingly uncertain environment, the State is reclaiming a central role by providing long-term stability and visibility. This evolution is reshaping the balance between public and private actors.
3. Rising tensions on strategic resources
Metals, energy, logistics: tensions are intensifying and exposing the fragility of supply chains once taken for granted. Securing access to resources is now a critical challenge.
4. Defense: balancing necessity and responsibility
Discussions also highlighted the complexity of defense-related issues, at the intersection of strategic imperatives, financial constraints, and ethical considerations.
5. The rise of protection dynamics
Protectionist trends, particularly monetary ones, are gaining momentum, reflecting a more fragmented and uncertain global landscape.
Many thanks to the speakers for the quality of their insights and discussions: Sylvain Berthelet (SMA Gestion), Marion Laboure (Deutsche Bank), and Ludovic Subran (Allianz).
Conclusion: a paradigm shift
These discussions lead to a clear conclusion: we are not experiencing a cyclical crisis, but a true paradigm shift.
In this new environment, a central question emerges: how can we reconcile sovereignty, economic efficiency, and responsibility?