FNZ acquires ifsam 23 January 2024Luxembourg Reporter: Jack McRae
Image: Boris Stroujko
FNZ has acquired International Fund Services & Asset Management (ifsam), strengthening its global proposition by enhancing its end-to-end wealth management platform.
The acquisition of the business-to-business fund platform adds advanced product, research, data and service solutions to FNZ’s existing services.
Luc Duarte, managing partner at ifsam, will remain in his position to oversee the company’s existing direct relations with specialist fund distributors and asset managers.
On the acquisition, Duarte says: “Together, we will expand FNZ’s market-leading offering, leveraging our combined market knowledge to better serve customers. As part of FNZ, ifsam has the opportunity to further accelerate its growth and broaden its suite of services.”
Adrian Durham, CEO of FNZ, adds: “[The acquisition] enhances our capabilities in the wealth management sector, as well as expanding our footprint in the continent’s biggest hub for funds.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Boris Stroujko 