With this transaction, La Banque Postale Asset Management (LBP AM), a subsidiary of La Banque Postale (at 75%) and Aegon Asset Management (at 25%), would consolidate its position as a multi-specialist conviction manager with total assets under management of €67 billion. It would also extend its presence to 9 European countries and broaden its range of products.
We are delighted with this project to acquire La Financière de l’Échiquier, which reinforces the choice made 2 years ago to adopt a multi-specialist conviction management model. In an increased competitive environment, this transaction would be a major asset to strengthen our distribution channels and continue our growth in France and Europe. I am convinced that the quality of the teams in place and the sharing of a common culture of innovation would allow us to respond effectively to the crucial challenges of our industry and to the needs of all our clients in terms of financial and extra-financial performance.
Emmanuelle Mourey, Chairwoman of the Management Board of LBP AM
Thematics
- Groupe
- Résultats financiers
2023 Annual Results
Thematics :
Groupe
Changes to La Banque Postale's governance
Thematics :
Groupe
Stéphane Dedeyan has been appointed Chairman of the Executive Board of La Banque Postale