CA Indosuez Wealth (Asset Management) has reported that it is celebrating its tenth anniversary in 2024 and announced having crossed the milestone of €10 billion in assets under management (AUM).
Since its creation in 2014, the management company of Indosuez Wealth Management has experienced sustained growth. It now has nearly 50 employees and manages more than €10 billion in AUM, a milestone reached in 2023 and, according to the firm, resulting from the strategic choice to place asset management, via Luxembourg funds, at the heart of the offering provided by the Crédit Agricole Group's international network to its clients.
Its main mission is to serve the entities of the Crédit Agricole Group internationally, as well as their clients and partners, by delivering a high level of service and offering a privileged client experience.
In 2015, the management company acquired CA Indosuez Wealth (Private Equity), which became its subsidiary dedicated to the development of Private Markets vehicles.
In 2020, it implemented its transformation plan, which has since become one of its main added values, by deciding to partly internalise asset management and thus reposition Indosuez's global expertise in "Equity Management" within a team of specialists and experts mainly based within the management company but also through teams divided by geographical area.
In 2024, CA Indosuez Wealth (Asset Management) said it expects to strengthen its position as a leading asset management company, by rolling out its Asset Servicing offer to its international partners, launching new vehicles and continuing its strategic partnership with the Crédit Agricole Group's Investment Banking - Crédit Agricole Corporate and Investment Bank through private debt strategies.
Sébastien Alusse, Chief Executive Officer of CA Indosuez Wealth (Asset Management), stated: "I am proud to celebrate this anniversary and I salute the work and constant commitment of the teams, who continue to provide the best product solutions and services to Crédit Agricole Group's clients and partners. We have strong long-term development ambitions while keeping the Human Project at the heart of our strategy."
