APJ

During a recent visit to École Polytechnique (X Paris), Philippe Jabre delivered a talk on the evolution of asset management in a world shaped by technology, data, and constant disruption.

In a clear and forward-looking address, he challenged students to think critically about how investment firms must adapt to rapid technological change and global uncertainty. “We have entered a new era,” he stated. “With advances in data mining, AI, and machine learning, analysis is now done instantly by machines that evolve every day. They can detect relationships we wouldn’t expect—like movements in coffee prices influencing the Japanese yen. This isn’t science fiction. It’s reality.”

These changes, he argued, demand a deep transformation of the asset management industry. Firms must invest heavily in technology and data infrastructure. “From alternative data to predictive models, tech should not be an add-on—it must be a core part of research, execution, and risk management.”

But the message was not one of pure automation. Algorithms can find patterns, he noted, but cannot replace human judgment. “Technology should enhance human judgment, not replace it. Algorithms may identify patterns, but only humans can interpret context, understand clients, and make ethical decisions.”

Decision-making must become faster and more agile. In a world of constant disruption, speed and adaptability are key. Beyond technical skills, intellectual curiosity is essential. “Curiosity is what allows you to question assumptions, explore new approaches, and keep learning in a rapidly evolving world.”

Reflecting on how he would build a firm today, Philippe Jabre highlighted how much has changed since founding Jabre Capital. The biggest shift: technology would be foundational. “I would build a firm with AI, real-time analytics, and cloud infrastructure embedded in its foundation—not just as tools, but as strategic assets.”

Equally important would be a new approach to talent: “I would build a team that is diverse and global by design. I lived in London for many years and often told my counterparties there: ‘You’re too homogenous—same schools, same accents, same thinking.’ Diversity of background brings diversity of thought. And in a fast-moving industry, that’s critical.”

To the students in the room, he offered a clear vision of where the industry is headed. “The world of asset management has transformed dramatically. It is no longer about who can shout the loudest on the trading floor. It’s about who can think the deepest, move the fastest, and use the smartest tools.”

The future of investing lies at the intersection of finance, technology, and human insight. “The ability to understand and apply analytics, data science, and mathematical reasoning is becoming the new foundation of investing,” he explained, pointing to leading firms such as Renaissance Technologies, Millennium, Citadel, AQR, DE Shaw, and Bridgewater—all built on quantitative models and systematic strategies, often led by people with backgrounds in math, physics, or computer science.

In closing, Philippe Jabre offered a final piece of advice:

“One last point—enjoy what you are doing. The challenge, the rewards—whether financial or not—come through your own satisfaction of a job well done.
I wish you all the best in your studies and your careers ahead. Make sure to enjoy fully what you are doing in your career.”

Mr. Philippe Jabre’s speech on the occasion of the inauguration of the parish house of Saint-Maron Church, Thursday, March 27, 2025.

On the occasion of the inauguration of the parish house of Saint-Maron Church, fully restored after the damage caused by the August 4, 2020 explosion, Philippe Jabre spoke on Thursday, March 27, 2025, to commend the commitment of the donors, recall his personal ties to the parish, and reaffirm his faith in Lebanon's future.