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Rothschild expands institutional manager services


Edmond de Rothschild Asset Management’s Luxembourg-based institutional and fund services division aims to double the assets it manages by offering institutional managers outsourced services.

The group’s offering – called the Extended Outsourcing Service (EOS) – intends to provide institutional managers with bespoke portfolio and distribution management tools.

The service will be offered to managers that have between €1bn to €10bn of assets under management who need to control their cost base.

Edmond de Rothschild Asset Management (Luxembourg) chief executive, Serge Weyland, said: “These asset managers do not need to develop their own IT platforms if they have access to fully serviced, industry leading software solutions”.

“By using EOS, asset managers can devote themselves entirely to their core business, portfolio management and the search of alpha as well as the development of their distribution networks,” Weyland said.

The firm noted that EOS along with their front to back office solution and customer relationship management (CRM) system customisation offerings for sales and distribution it had repositioned its service to capture an under serviced market.

“Over the medium term, out objective is to double assets under management in fund service,” Weyland said.

Jassmyn Goh

Jassmyn reported from Sydney to New York to Jakarta before joining Expert Investor. She was most recently Features Editor at Money Management and Super Review in Sydney.

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