28-05-2020
Amundi has obtained ‘Super’ ManCo status in Ireland
Amundi, the leading European asset manager, announces that the Central Bank of Ireland confirmed Amundi as a ‘Super’ Management Company in Ireland. It complements a range of existing authorisations held by the firm including, individual portfolio management and investment advice. With the full scope of AIFMD and UCITS permissions in Ireland, Amundi can now draw on its four major hubs for fund hosting services: France, Luxembourg, Austria and Ireland.
Amundi leverages on local and international experts to assist clients around the world with the launch and maintenance of both UCITS and AIFs. With significant operations in Luxembourg and Ireland, the two leading cross-border fund domiciles, as well as in all major European investment centres, Amundi offers a full suite of hosting solutions ranging from fund structuring through operational support to marketing and distribution.
This new capability in Ireland will also benefit Amundi Services, one of Amundi’s business lines, which provides third-party asset managers, distributors and institutional investors with comprehensive management company, compliance and risk management solutions. Indeed, Amundi’s dedicated team of experts takes care of the day-to-day governance and administration required to ensure an effective supervision of delegated activities. Amundi offers a robust and scalable legal and technology platform, flexible outsourced solutions with a broad range of traditional and alternative fund vehicles, decades of collaborative work with third-party asset managers and first-hand experience in most asset classes.
Guillaume Lesage, Head of Operations, Technology and Services Division comments, “With a team of over 350 professionals in Ireland, Europe’s second largest fund domicile, this development will enable Amundi to offer its fund hosting clients the substance, expertise and service levels that they require to support their business. This is also a new step in the development of Amundi Services which integrates this new capability of Super ManCo as part of its range of services and fund hosting platform.”
Amundi, the leading European asset manager, ranking among the top 10 global players[1], offers its 100 million clients - retail, institutional and corporate - a complete range of savings and investment solutions in active and passive management, in traditional or real assets.
With its six international investment hubs[2], financial and extra-financial research capabilities and long-standing commitment to responsible investment, Amundi is a key player in the asset management landscape.
Amundi clients benefit from the expertise and advice of 4,500 employees in nearly 40 countries. Created in 2010 and listed on the stock exchange in 2015, Amundi currently manages more than €1.5 trillion of assets[3].
