The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.

Alumia, Chikara
Alumia, a Luxembourg-based wealth management and fund management services, has teamed with London’s Chikara Investments to expand into continental Europe. 

The partnership uses Alumia’s distribution network and enables Chikara to offer its investment strategies in Japan, India and emerging markets equities, to new European audiences.

Under the terms of the partnership, Alumia will provide strategic guidance and network access across continental Europe, helping Chikara identify and navigate markets; Chikara will provide access to highly-specialised investment strategies, offering diversified portfolio options focused on Japan and India.

Alumia advises clients including asset managers, corporates and family offices across continental Europe, predominantly in Luxembourg, Belgium, France, Switzerland and the Netherlands. 

“For asset managers, building an experienced and global sales force, while meeting regulatory requirements and also using digital channels, has steadily become more challenging and costly,” Alumia’s CEO David Saab, said. Saab has had a 20-year career in banking and asset management at JP Morgan and Rothschild, among others.

CEO of Chikara, James Tollemache added: “Partnering with Alumia, who we have known for many years, ensures our investment strategies are successfully communicated to a wide audience in continental Europe in a sophisticated way.”