Benjamin Louvet

Benjamin Louvet is Directeur de la gestion matières premières at Ofi Invest Asset Management, a position he has held since 2023, having previously served as head of commodities management at the same firm from 2015. He manages commodity funds including OFI Invest Precious Metals, a synthetic fund tracking the Basket Precious Metals Strategy index, covering precious metals and interest rate products with daily currency hedging. He is periodically consulted by French and European authorities on commodities as an asset class. His public commentary on gold focuses on the structural drivers of price, including the freeze on Russian assets by Western governments, the erosion of confidence in the dollar as a reserve asset among Asian economies, and the constraint that high sovereign debt levels place on real interest rates. He has also argued publicly that metals are displacing fossil fuels as the central strategic resource in the global economy, citing copper, silver, and aluminium as critical inputs for the energy transition. On tokenisation, he has addressed the entry of crypto players such as Tether into the gold market, characterising their purchasing volumes as significant but not systemic.

Louvet began his career in 1995 within the BNP Paribas group, initially selling equity derivatives and index products, before moving into quantitative fund management. In 2002, he co-founded Prim Finance, where he served as Directeur Général Délégué with responsibility for front office operations and commodities research. Prim Finance merged its activities into OFI AM in 2015, where Louvet continued managing commodity funds. He holds a Master in Financial Management from the Université Paris 1 Panthéon-Sorbonne.