Fair Cost Index

ABOUT US

In collaboration with Fidelity National Information Services (FIS), a global leader in banking technologies, FCI benefits directly from the expertise of 55,000 people in 134 countries.
Fair Cost Index is registered with ESMA as an Index Administrator. It is a company regulated by the Benchmark European Directive, and is certified by AMF.

Our Partners

Dr François Chauvet
CEO,
FCI Founding Partner

+33 (0)6 07 71 85 07
Graduated from the Ecole Nationale des Ponts & Chaussées, holds a MS in Operations Research at Stanford University, a PhD in Economics from La Sorbonne and the French actuarial certification. Member of the IAF.

François started his career as controller, then was hired as Market Director at Credit Chimique and Banque de l’Union Européenne and in 1990 launched Egide Finance, an asset management company. Founded APTimum in 1995, a service company dedicated to risk measurement and representative of FIS-APT in French speaking countries.

During these years, François acquired a broad experience in risk, on the practical side, implementing tools and accompanying more than 65 clients in the asset management area , as well as on the theoretical side through researchs on VaR, TaR and extreme phenomenons and lecturing in various Universities (Dauphine, CNAM, Paris XII).
  • FUNDCLASS
    President
  • APTimum Conseil
    Founder, CEO
  • Europe Egide Finance
    Founder, Executive Director
  • Crédit Chimique, BUE
    Market Finance
  • UTA
    Management control
  • Institut Français d'Actuariat
    Graduate member
  • Université de Paris I - Panthéon Sorbonne
    Doctor ès Economics
  • Stanford University - USA
    MS - Operational research
  • École des Ponts et Chaussées
    Civil Engineer
Pascal Delaunay
FCI Founding Partner
+33 (0)6 14 85 38 56
Pascal is founding Partner of FCI. He is more particularly in charge of the supervision of compliance, risks, controls, and administrative aspects of the company. With more than 30 years of experience in audit, risk management and compliance, he has developed an in-depth knowledge of financial markets, business and regulation of the asset management and banking sectors, while managing large teams at local and international level.

He joined FCI in 2020 after Natixis IM where he was Executive Director Compliance & Risk then Chief Audit Executive.

Previously, he was at Crédit Mutuel as Vice-President of the Finance Department in charge of Asset and Liability Management. He started his career at the General Inspection of the Crédit Mutuel Group.
  • Natixis Investment Managers, Paris, and Boston
    Chief Audit Executive
    Executive Vice President – Head of Compliance and Risk Management
  • Confédération Nationale du Crédit Mutuel (CNCM), Paris
    Deputy CFO, Head of Asset and Liability Management for the CM/CIC Group
  • Caisse Centrale Crédit Mutuel (CCCM), Paris
    Deputy CFO, Head of Business Control, Risk Control, Head of Middle and Back Offices
  • Confédération Nationale du Crédit Mutuel (CNCM), Paris
    General Inspection as Inspector, Senior Manager and then Principal Inspector
  • University of Washington, Seattle
    Executive development program
  • HEC Paris
    Executive MBA
  • Certified Expert Accountant
  • Université des Sciences Economiques de Rennes
    Post graduate in Finance (DESS Finance)
  • Institut de Gestion (IGR), Rennes
    BS and MS in Economy and Finance
Dr Luc Neuberg
FCI Founding Partner
+352 (0)6 21 18 84 80
Dr. Luc Neuberg is Chairman of the Board of ALRiM, the Luxembourg Association of Risk Management.

Luc was CEO and Head of Risk Management at BCEE AM. Before that, Dr. Neuberg was the Managing Director at Fortis Investment Luxembourg, as well as Head of Risk Management for Fortis Multi Management. Prior to this, he was a Member of the MeesPierson Global Investment Process Committee.

He belongs to the Steering Committee of the ALFI Risk Management working group, and teaches at the University of Lorraine, University of Luxembourg and Luxembourg House of Training. Dr. Neuberg holds a Ph.D. in Management Sciences from the University of Namur and a Civil Engineer degree from the University of Liège.
  • ALRiM (Luxembourg Association of Risk Management)
    Chairman of the Board
  • BCEE Asset Management
    CEO, Head of Risk Management
  • Fortis Investment Management Luxembourg
    Managing Director, Head of Risk Management
  • BGL (Banque Générale de Luxembourg)
    Senior Quantitative Strategist
  • University of Namur - Belgium
    Ph.D. in Management Sciences (Finance)
  • University of Liege – Belgium
    Civil Engineer (Mechanics-Physics)

Jean-Hugues Lasbatre
Director of Operations
+33 (0)1 53 05 97 81
+33 (0)6 61 40 83 38
Jean-Hugues is in charge of FCI Operations: indexes production, data management, construction and valuation using data from various providers.
He develops processes to build, control and visualize indexes production and finds solutions that fit FCI's clients needs.

Previously he developped indicators with CPR-AM research team using machine learning models to identify switching regimes in market returns.
  • APTimum Conseil
    APT Quantitative Analyst - Developper
  • CPR AM - Amundi
    Operational Research
  • Caceis Bank Paris
    Securities lending
  • ESILV Paris
    Engineer degree with major in finance
    EMLV - Double degree in corporate finance