Candriam and New York Life Investments partner to expand Candriam's offshore business
NEW YORK, June 27, 2023 /PRNewswire/ -- Candriam and New York Life Investments today announced their expanded partnership to deliver offshore capabilities and solutions reaching global investors whose wealth is managed in the US.
- NEW YORK, June 27, 2023 /PRNewswire/ -- Candriam and New York Life Investments today announced their expanded partnership to deliver offshore capabilities and solutions reaching global investors whose wealth is managed in the US.
- In some cases, Candriam will be able to offer clones of existing US mutual funds, managed by its affiliates, for the first time to these investors.
- New York Life Investments' sales teams will use their on-the-ground relationships in the US and leverage the company's scale to support introductory conversations with US-based broker-dealers and financial firms.
- Candriam's growth in the US offshore market will support ongoing sales efforts in Latin America, led by Candriam's sales team in Spain.