Crédit Mutuel Alliance Fédérale is pleased to announce the deployment of its asset management business line, La Française. With €152 billion (1) in assets under management as at 30 June 2024 (€116 billion in listed assets and €36 billion in unlisted assets) and 1,000 employees, La Française is now a major player in the French and European asset management landscape.
A member of Crédit Mutuel Alliance Fédérale, the newly formed La Française has reinforced its position as a multi specialist asset management group. Eight management companies, with complementary areas of expertise, are now gathered under a single holding company and share a common governance, operational platform and IT system. La Française considers its investors as partners and as such, designs innovative solutions and services, tailored to meet their investment requirements. The full range of investments solutions is now available via a mutualized distribution platform.
With a presence in ten countries, thereby ensuring local market proximity, La Française pursues an international development strategy. The group offers a range of listed and unlisted investment solutions that combine performance targets with sustainability objectives and reflect the shared values and commitments of Crédit Mutuel Alliance Fédérale.
To mark the beginning of this new chapter, La Française has redesigned its corporate logo.
I would like to acknowledge the commitment of our employees during the construction phase of this newly-formed La Française group. Together, we are prepared to rise to the occasion and do all in our power to offer our investors specialized conviction-based asset management, grounded on a sincere ESG investment strategy,"
said Guillaume Cadiou, CEO of Groupe La Française.
“ The multi-specialty architecture of our newly formed asset management business line and its alignment with our core values underline Crédit Mutuel Alliance Fédérale's desire to provide quality investment solutions and services to our customers, " added Éric Charpentier, CEO of Banque Fédérative du Crédit Mutuel and CIC.
" I am particularly proud to see our asset management division emerge. Its establishment, as well as the quality of its expertise, allows Crédit Mutuel Alliance Fédérale to strengthen its position as a major player in the asset management landscape, ” concluded Éric Petitgand, CEO of Crédit Mutuel Alliance Fédérale.
(1) Assets under management of the La Française group and its subsidiaries, as well as the share of assets under management of the activities of BLI, CIC Market Solutions, Dubly Transatlantique Gestion, distributed by La Française AM Finance Services.
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