La Française, the new asset management division of Crédit Mutuel Alliance Fédérale
26 SEPT, 2024
By Jose Luis Palmer from RankiaPro Europe
Crédit Mutuel Alliance Fédérale has announced the creation of its asset management business line, La Française. With 152,000 million euros in assets under management as of June 30, 2024 (116,000 million euros in listed assets and 36,000 million euros in unlisted assets) and 1,000 employees, La Française is now a major player in the French and European asset management landscape.
As a member of Crédit Mutuel Alliance Fédérale, La Française strengthens its position as a multi-specialist asset management group. Following this integration, eight management companies, with complementary areas of specialization, come together under a single holding and share a management, an operational platform and a common computer system. La Française considers its investors as partners and, as such, designs innovative solutions and services, adapted to their investment needs. The full range of investment solutions is now available through a mutualized distribution platform.
Internationalization of La Française
Present in ten countries, which ensures proximity to local markets, La Française strengthens its international development strategy. The group offers a range of listed and unlisted investment solutions that combine profitability and 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 highlight the commitment of our employees during the construction phase of the newly formed La Française group. Together, we are prepared to do everything in our power to offer our investors specialized and conviction-based asset management, based on a sincere ESG investment strategy.
Guillaume Cadiou, CEO of Groupe La Française.
The multi-specialist architecture of our new asset management business line and its alignment with our fundamental values underline Crédit Mutuel Alliance Fédérale's desire to offer quality investment solutions and services to our clients.
Éric Charpentier, CEO of Banque Fédérative du Crédit Mutuel and CIC
I am especially proud to see our asset management division emerge. Its creation, as well as the quality of its competencies, allow Crédit Mutuel Alliance Fédérale to strengthen its position as a main player in the asset management landscape.
Éric Petitgand, general director of Crédit Mutuel Alliance Fédérale
