HIGHLIGHTS : LOOK BACK AT 2023 A SUCCESSFUL YEAR FOR ELLIPSIS AM
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.
HIGHLIGHTS
ELLIPSIS AM ACQUIRES THE CONVERTIBLE BOND BUSINESS OF EDMOND DE ROTHSCHILD ASSET MANAGEMENT
Ellipsis Asset Management, a subsidiary of the Kepler Cheuvreux group and a European leader in convertible management, announces the acquisition of the convertible bond management business of Edmond de Rothschild Asset Management.
This strategic acquisition allows Ellipsis AM to strengthen its position as a key player in the convertible bond management field. The acquisition positions Ellipsis AM among the top five asset management firms in Europe in the convertible segment.
Discover the details of the acquisition :
