Rothschild & Co Asset Management has just closed a particularly dynamic year, ranking first among asset management firms in France in terms of inflows (excluding cash)1 and in the top decile in Europe2.
In 2023, the asset management business of the Rothschild & Co group achieved net inflows of €5.4 billion, raising its assets under management to €31 billion, a 34% increase over one year3.
Inflows were driven mainly by the fixed income asset class, led by the success of its eighth generation of target maturity funds, R-co Target 2028 IG, which achieved €1.5 billion in inflows3 over the year. R-co Conviction Credit Euro also contributed to this strong growth, with €700 million over the same period, raising its AuM to €2.2 billion3. Diversified management was not far behind, with R-co Valor exceeding €4.2 billion 3 in AuM (+ €600 million over the year).
All the countries in which Rothschild & Co Asset Management operates contributed positively to inflows in 2023, with a significant acceleration in distribution outside France, and particularly in Benelux, Germany, Italy and Spain. The sales team in these areas have been strengthened and further hires are planned for 2024 to accelerate growth in these core markets.
Rothschild & Co Asset Management, which acquired a stake in IZNES last April, also expanded its fund distribution using blockchain technology, with all its open-ended funds now referenced on IZNES’s marketplace.
In 2024, Rothschild & Co Asset Management aims to confirm its leadership in the fixed income asset class by widening the marketing of its two new generations of target maturity funds, R-co Target 2027 HY and R-co Target 2029 IG. 2024 will also be marked by the 30th birthday of R-co Valor, the company’s historic core fund.
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2 Source: Morningstar, figures as of end-December 2023, excluding money-market funds
3 Source: Rothschild & Co Asset Management, figures as of end-December 2023
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Find out more:
Rothschild & Co Asset Management
Muriel Helvadjian
Tel: +33 1 40 74 49 24
muriel.helvadjian@rothschildandco.com
Marie Duverne
Tel: +33 1 40 74 14 95
marie.duverne@rothschildandco.com
