(Boursier.com) — In a particularly complex market environment in 2023, marked by the sharp rise in interest rates and renewed geopolitical tensions, LBP AM (including Tocqueville Finance) announces net inflows of 1.3 billion euros from third-party customers.
LBP AM has achieved several successes in the context of calls for tenders carried out by institutional investors: on the management of “Euro large capitalization” conviction stocks provided by Tocqueville Finance; on LBP AM’s expertise in convertible bonds and on a quantitative “World equities” strategy, aligned with the Paris agreements.
Commercial development, both with institutional clients and distributors, focused mainly on the expertise of LBP AM in private debt (corporate and infrastructure) and Tocqueville Finance: on “Euro value” and “Biodiversity” actions, via the Tocqueville fund Biodiversity ISR, holder of the Tibi Label.
Furthermore, LBP AM has reached several important milestones in 2023 in the growth of its real and private assets platform (8 billion euros of assets managed or distributed): launch of an infrastructure debt fund with impact on energy transition alongside La Banque Postale, with the support of CNP Assurances to the tune of one billion euros, growth in outstanding amounts on corporate private debt and, more recently, strengthening of the real estate debt and private equity management teams .
Business development in Europe
These solid results support the development strategy of the new LBP AM group, reinforced since July 2023 by the acquisition of La Financière de l’Échiquier (LFDE). Its objective is to accelerate the marketing of its investment products and solutions on listed and unlisted assets, to institutional, distributor, private and CGPI clients, in France and in Europe, relying in particular on marketing channels. distribution of LFDE abroad.
Emmanuelle Mourey, Chairman of the Management Board of LBP AM, declares: “We are proud of the trust of our clients. Our commitment to them is based on a common vision of long-term financial and extra-financial issues. In 2024, we wish intensify the diversification and internationalization of our development with third-party clients.
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