French asset management giant Amundi has added to its multi-asset team with the appointments of Laurent Tignard as head of multi-assets for institutional clients and Raphaël Sobotka as head of multi-assets for retail clients.
Tigard, pictured above, and Sobotka will into report to Vincent Mortier, global head of multi-assets and deputy chief investment officer Amundi Group, the firm said in a statement announcing the appointments.
For retail investors (private banks, wealth managers, third party distributors, employee savings, and pension providers) Amundi offers advisory services and savings solutions. For institutions (sovereign wealth funds, pension funds, insurance companies) it develops tailor-made services such as fiduciary platforms, management of dedicated mandates and asset allocation advisory services.
In multi assets Amundi has over €100bn under management and €200bn of advised assets, with a team of 120 staff. The business is focused on continental Europe and Asia through specialized teams in Paris, Milan, Vienna, Prague, Warsaw, Madrid, Hong Kong, Singapore and Tokyo.
CEO and CIO roles
Before joining Amundi, Tignard worked as chief executive at Edmond de Rothschild AM. Previously, he was chief executive of HSBC Global AM France and of Halbis Capital Management. In 2003, he was appointed chief investment Officer at HSBC AM Europe. Prior to that he worked at Axa IM as head of equity and balanced management.
Sobotka joined Amundi in 2014 with responsibility for multi-assets management for institutional clients. Prior to that, he was chief investment officer of HSBC multi-manager EMEA in London from 2007. Previously he was head of financial engineering at HSBC Asset Management before setting up its multi-manager division in 2000.
Publicly traded since November 2015, Amundi is the largest asset manager in terms of AUM, in Europe with over 1,000 billion euros worldwide. Headquartered in Paris, France, Amundi has six investment hubs located in the world’s key financial centres with 100 million retail clients, 1,000 institutional clients and 1,000 distributors in more than 30 countries.