A leading Austrian asset manager has entrusted Fund Channel with an additional portfolio of funds-of-funds worth EUR 3 billion. This second mandate for agreement and rebate management has been effectively transferred to Fund Channel on 1st January 2020.
This Vienna-based fund manager oversees assets in excess of EUR 22 billion and has been a client of Fund Channel since 2015. With this addition, Fund Channel becomes their preferred distribution intermediary for third-party funds and intermediates assets in total of ca. EUR 4 billion.
By entrusting Fund Channel with this second mandate, this Austrian client recognises Fund Channel’s expertise to provide asset managers sophisticated solutions for their multimanagement approach, connectivity to multiple custodians (State Street and Bank Austria, here) and high quality work from Fund Channel teams.
Please contact your dedicated Relationship Manager to know more on how Fund Channel invests and innovates to help you achieve superior distribution performance.