The French bank has grown its actively managed certificate business into a core part of its equity derivatives operations, offering flexible, multi-asset solutions for private banks and institutional clients.
Société Générale (SG) has steadily expanded its actively managed certificate (AMC) business, transforming what was once a niche product into a meaningful part of its equity derivatives franchise. “AMC activity is far from niche,” says Pierre Gimenes, global co-head of structuring for products and solutions. “It has become a sizeable component of our business.” The intellectual property lies in the strategy; the AMC is a way to package and dis