Christophe Cuny joins Eurohypo's property derivative business

Eurohypo, Europe's largest commercial real estate bank, has appointed Christophe Cuny to its London derivatives team, led by Ed Stacy, to offer clients a new range of property derivatives products.

The financier said that under Stacy's leadership Eurohypo had helped lay the foundations for what is now a multi-billion pound market. Cuny is joining the team at a time when the bank is taking a different approach. Eurohypo plans to offer sector/sub-sector trades, something interbank market makers are finding challenging at present due to all the liquidity being concentrated in the IPD All Property index. This will allow Eurohypo clients to consider much more specific property segments than is currently possible.

Christophe Cuny was formerly director, Property Derivatives, Structuring & Distribution at ABN Amro, London and head of Structuring and Inflation Derivatives at Abbey National Financial Products.

'Christophe’s addition to the team brings Eurohypo closer to our goal of becoming a substantial market maker to our client base,' Stacy noted. 'This will further strengthen our position as a ''one stop shop'' for clients, but more importantly, allow clients to manage their relative exposure to asset classes very precisely.'

Cuny added: 'Sector/sub-sector trades will create a whole new range of possibilities for investors, allowing them to precisely weight their portfolios without having to buy or sell in what is a challenging physical market.'