Positioning itself as a front-runner in the asset management industry
NaÏm Abou-JaoudÉ, CEO of CANDRIAM and Vice Chairman of
The new brand name CANDRIAM reflects what the company stands for, its heritage, its management style and its work ethics. The name CANDRIAM evokes an interesting linguistic association: the root “CAND” suggests light and positive energy. These positive attributes symbolise a fresh start full of dynamism and enthusiasm, in line with strong ambitions to propel the company further.
Backed by New York Life, a Fortune 100 company, CANDRIAM benefits from the strengths and resources of a renowned parent. The successful multi-boutique approach of New York Life Investments allows CANDRIAM to maintain the integrity of its investment processes and its distinct entrepreneurial culture. This unique, complementary partnership is built on a shared long-term vision and a strong cultural fit.
With its strong local footprint and client proximity, CANDRIAM is well positioned to fully capitalize on its 20 year track-record and its multi-specialist teams to better service its diversified client base. The affiliation with New York Life will also allow CANDRIAM to expand geographically and to continuously improve its ability to deliver the products and services which its clients need and require.
Going forward, CANDRIAM expects continued interest from investors in its multi-asset solutions and its key flagship strategies, in particular those related to Corporate and High Yield, Biotech, SRI, Quant and European equity strategies. Its Index arbitrage and other leading absolute return strategies, presenting interesting risk / return profiles, are already gaining momentum with investors.
NaÏm Abou-JaoudÉ adds: « Our new beginning as CANDRIAM offers an exciting opportunity to grow and develop a leading brand in
Previously known as
CANDRIAM is the European foothold of New York Life Investments, ranked among the world's largest asset managers2.
A detailed press kit available onhttp://new.candriam.com/press.htm
1 As at end
2 Source: New York Life Investments ranked 29th among the world’s largest money managers within Pensions & Investments,
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Source: New York Life Investments