Amundi, a European asset manager, has finalised the full integration of the Luxembourg-domiciled fund platforms of Goldman Sachs Fund Solutions & Origination, an activity of Goldman Sachs Global Markets Division (GSFSO).
Amundi Luxembourg S.A. is one of Amundi's four main hubs for fund hosting services meeting UCITS and alternative investment fund manager directives.
It has become the management company of three Luxembourg systematic and alternative management SICAVS with total assets under management on behalf of GSFSO of €2.6 billion.
Amundi manages, controls and supervises Luxembourg investment vehicles based on GSFSO’s systematic trading strategies.
Additionally, Amundi provides a management service as well as the analysis and monitoring of the external managers present on its UCITS platform for alternative funds.
Maryline Mertz, managing director of Goldman Sachs, said: “We are delighted to have completed the implementation of our partnership with Amundi. This partnership offers strong support for our business.”
Jeanne Duvoux, CEO of Amundi Luxembourg, added: “Supporting GSFSO’s platforms demonstrates Amundi’s ability and know-how in managing complex integration processes and has strengthened Amundi's value proposition in quantitative and alternative multi-management activities.”
