In Januray 2022, Kepler Cheuvreux announced the completion of the acquisition of Ellipsis AM, an asset management company from Exane SA, a subsididary oh the BNP Paribas Group.
The synergies leveraged within the Group enabled the asset management company to post a 33% increase in assets under management in 2023, for a total of 3.2 billion euros.
"Ellipsis AM's results demonstrate de Kepler Cheuvreux group's integration capacity. Numerous synergies are being exploited, and asset management will remain one of the cornerstones of our Group's development in 2024" explains Laurent Quirin, Chairman of the Supervisory Board of Kepler Cheuvreux .
"In a complexe environment, Ellipis AM has maintained a positive trajectory. Thanks to an efficient integration within the Kepler Cheuvreux Group, we have not only capitalised on our historical expertise, but also broadened our offering to respond more thoroughly to markets needs", adds Sébastien Caron, CEO of Ellipsis AM.
Discover Ellipsis AM's successes in 2023 in this video.
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With their well-regarded track-record in convertibles since 2003 and high yield since 2012, our long-standing capabilities place financial research and ESG at the heart of our bond-picking process.
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