Rothschild & Co Asset Management closed another year of record growth with close to € 6 bn net inflows in 2025

In 2025, Rothschild & Co Asset Management achieved a record year, marked by net inflows of €6 billion¹, positioning it as the leading asset management company in France² and in the top decile of asset management companies in Europe (excluding treasury)³. This impressive growth is part of a particularly strong trend over recent years, with €15 billion in net inflows over three years. Combined with the solid performance of its funds, this momentum enabled the Rothschild & Co group's asset management company to reach €47 billion in assets under management at the end of 2025.

This growth can be seen across all regions in Europe. Activity remained very strong in France, with 1.8 billion euros of net inflows, while benefiting from a marked acceleration internationally, which represents 68% of net inflows in 2025. Excluding France, Italy is the largest market in 2025, with net inflows of 1.2 billion euros. Spain also confirmed its strong potential, with net inflows of over 1 billion euros in 2025, just three years after the start of its activity. In Northern Europe, the results were also remarkable (with net inflows of 1.8 billion euros for the zone as a whole): in addition to the solid growth in the historical markets (Belgium, Luxembourg), the notable acceleration in Germany on the flagship ranges and the tactical deployment targeting specific clients in the Netherlands and Switzerland also contributed to the overall good momentum. In France, institutional clients saw strong asset growth, while the distribution business continued to expand, supported by the expansion of the mandate management offering for partner networks.

In terms of expertise, two flagship funds account for most of this business momentum. R-co Valor, whose inflows reached 2.6 billion euros in 2025, driven by a notable acceleration in the second half of the year, crossed the threshold of 10 billion euros in assets under management. Our Fixed Income expertise also stood out, led by the R-co Conviction Credit Euro fund, which attracted 1.7 billion euros in net inflows over the year. R‑co Conviction Credit Euro And R-co valor are also ranked in the top decile of their peer group over the past three years, confirming their strong performance and status as iconic funds of the company. Other strategies contribute to growth, particularly within the global thematic range, led by R-co Thematic Blockchain Global Equity, R-co Gold Mining and R-co 4Change Net Zero Equity. In fixed income, R-co Valor Bond Opportunities and R-co Conviction High Yield SD Euro also posted significant gains. The range of maturity funds continues to appeal: marketed since 2008, the R-co Target franchise now exceeds 6 billion euros in assets under management³. On the open architecture side, the offering of dedicated investment solutions (FID and mandate management) continues to ramp up, with more than 400 million euros of inflows in 2025.

In order to continue on this path and capitalise on this favourable momentum, the teams continue to be strengthened, particularly internationally, with the arrival of Julia Pomer in German Switzerland, Solin Malla Outhman in Germany, Laure Carrere in Belgium, Sabrina Ferrata in Italy and, more recently, Tirso de Linos in Spain. In France, Sacha Brajtman and Valentin Daab have also strengthened their presence with retail investors. Rothschild & Co Asset Management plans to maintain its growth momentum in 2026, as evidenced by the excellent start to January.