Degroof Petercam merges AM branches

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Belgian companies Petercam Institutional Asset Management and Degroof Fund Management Company have merged on 4 January to form one entity called Degroof Petercam Asset Management (Degroof Petercam AM).

The merger comes in the aftermath of these between Belgian groups Bank Degroof and Petercam that has taken place in October 2015.

Degroof Petercam AM has €25bn of assets under management and tallies 140 employees.

Its management board is composed of president Hugo Lasat, Tomás Murillo, Thomas Palmblad, Guy Lerminiaux, Philippe Denef, Peter De Coensel and Vincent Planche.