French Investment House's Inflows Gain, Decelerate From Record 2020

Editorial Staff

24 January 2022

added a net €920 million ($1.044 billion) to funds under management in 2021, although decelerating from a record €1.7 billion net inflow in 2020.

Total assets under management were €14.5 billion at 31 December 2021, up from €12.2 billion a year before. The Paris-based firm has grown by an average pace of 19 per cent in each of the last three years, it said in a statement on Friday.

LFDE broadcast having stepped up its focus on social responsible investment, now boasting 14 SRI-labelled funds in France or overseas. At end-2021, SRI and impact strategies accounted for €7.7 billion of assets under management, small and mid-cap strategies for €5.6 billion and global thematic strategies for €2.6 billion.

On the institutional side, LFDE manages almost €6 billion of institutional money, it said.

“These latest record results are a further endorsement of the rightness of our strategies and pioneering and innovative market positioning,” Bettina Ducat (pictured), chief executive of La Financière de l’Echiquier, said.