Belfius and Candriam have signed a new agreement to extend and strengthen their partnership in asset management, further positioning the bank as a new reference for investments in Belgium.
This long-term collaborative partnership combines the strengths of both partners: the privileged relationship of Belfius, a Belgian bank and insurer, with investors, and the expertise of Candriam, a pioneer in sustainable investments and a subsidiary of New York Life Investments (an international asset manager with more than €500 billion in assets under management).
Belfius and Candriam extend their current partnership until 2025, and will establish - subject to regulatory approval - a 50/50 joint venture, as part of Belfius' asset management teams (Belfius Investment Partners). This new structure is dedicated to the discretionary portfolio management of high net worth clients.
The investment solutions proposed reflect the strong and consistent investment vision resulting from the forging of Candriam and Belfius' investing convictions. These solutions are tailored to the knowledge and experience levels, financial situation, and individual investment objectives of the clients.
Belfius and Candriam are convinced that this strengthened portfolio management team will enhance the service offering to private and high net worth clients. The collaboration furthers Belfius mission to be the investment bank of choice, providing clients with tailored solutions which draw on the expertise of an international asset management group with strong Belgian roots.
Together, Belfius and Candriam aim to develop the Belgian market and to establish the new reference for investments in an increasingly complex world. Their aim is to free customers from the constraints of managing their assets, while enabling them to invest for a better world.