Fund Channel names chief of Italian unit

Eugenia Jiménez
Fund Channel names chief of Italian unit

The European fund distribution platform Fund Channel has appointed Luca Lombardi to lead its unit in Milan, which was recently launched in a move aimed at strengthening the firm´s business plans in Italy.

Lombardi, with around 13 years´experience in the asset servicing industry, will report to Pierre-Adrien Domon, responsible for the firm´s business development.

Founded in 2005, Fund Channel offers investment fund distribution services to both institutional distributors and asset managers on a B2B basis in more than a dozen countries. With around 68 employees, 100 distributors and 500 asset managers available on its platform, Fund Channel has reached € 175bn of assets under administration as of December 2018.

Based in Luxembourg and regulated by the CSSF, the firm has a subsidiary in Switzerland, regulated by FINMA, and a branch in Singapore, which was set up in 2017. 

Since 2009, the fund distribution platform is a joint venture owned by Amundi Group (50.04%) and BNP Paribas Investment Partners (49.96%).