Milan, April 12th 2021

Indosuez Wealth Management in Italy and Fund Channel have signed an agreement for the distribution of funds, including Private Markets Funds managed by CA Indosuez Wealth (Asset Management). Indosuez will rely on Fund Channel for these activities with the aim of using the same model already adopted by the entities of the Indosuez Wealth Management Group and Crédit Agricole Italia. Fund Channel will therefore assume the role of main distributor. 

A strategic decision for Indosuez Wealth Management in Italy, which is part of its plan to strengthen synergies at Group level, further confirming the Bank's strong commitment in Italy. 

“The agreement with Fund Channel will allow us to expand the services and investment products offering for Indosuez clients in Italy allowing them to access also the platform of Private Markets solutions, thus combining our client orientation with the distinctive innovation of this international Partner ", declares Marco Migliore, CEO of Indosuez Wealth Management in Italy. 

Pierre-Adrien Domon, Chief Executive Officer at Fund Channel, comments: “We are glad to consolidate our partnership whereby Fund Channel already supports Indosuez Wealth Management Group for greater breadth and depth of services on fund distribution”.

About Indosuez Wealth Management 

Indosuez Wealth Management is the global wealth management brand of Crédit Agricole group, ranked 10th in the world in terms of total assets (The Banker - July 2020, based on results at the end of 2019).

Shaped by more than 145 years of experience supporting families and entrepreneurs around the world, Indosuez Wealth Management offers a tailor-made approach that allows our clients to build, manage, protect and pass on their wealth according to their goals and ambitions. Its teams take a comprehensive view and provide expert advice and exceptional service, offering a wide range of services for the management of both personal and business assets.

Renowned for its international reach combined with a human scale, Indosuez Wealth Management has 3,060 employees in 13 locations around the world in Europe (France, Belgium, Spain, Italy, Luxembourg, Monaco and Switzerland), Asia-Pacific (Hong Kong, Singapore and New Caledonia), the Middle East (United Arab Emirates) and the Americas (Brazil, Uruguay and Miami).

With 128 billion euros in assets under management (as at 31/12/2020), Indosuez Wealth Management is one of the global leaders in wealth management.

About Crédit Agricole in Italy

The Crédit Agricole Group, the 10th bank worldwide, with 10.9 million mutual shareholders, operates in 48 Countries, including Italy, which is its second domestic market. It operates in Italy with all its business lines: from commercial banking, to consumer lending, from Corporate & Investment banking to private banking and asset management, all the way to insurance and wealth management services for HNW individuals. The cooperation between the commercial network and the business lines ensures wide-ranging and integrated operations serving 4.6 million active customers, through 1,300 points of sale and 14,000 employees, and increasing support to the economy with over Euro 78 Bln in loans.

The Group consists of the Crédit Agricole Italia Banking Group and of the entities engaged in Corporate and Investment Banking (CACIB), Specialist Financial Services (Agos, FCA Bank), Leasing and Factoring (Crédit Agricole Leasing and Crédit Agricole Eurofactor), Asset Management and Asset Services (Amundi, CACEIS), Insurance (Crédit Agricole Vita, Crédit Agricole Assicurazioni, Crédit Agricole Creditor Insurance) and Wealth Management (CA Indosuez Wealth Italy and CA Indosuez Fiduciaria).