London, 19 March 2018 – Candriam Investors Group (“CANDRIAM”), a global multi-specialist asset manager specialized in SRI and owned by New York Life Investment Management (NYLIM), today released its full year 2017 results and business performance, reporting continued AUM and NNC growth.
The company’s sustained growth has been driven by winning landmark RFPs, and increasing its distribution foothold in Europe and internationally.Continued organic growth. Total AUM had reached €112.6 billion by the end of 2017, a year-over-year increase of +10.5% or €10.7 billion.
CANDRIAM systematically posted double digit AUM growth over the last 4 years, amounting to €46 billion of AUM (+68%) since 2014 – of which €33 billion of Net New Cash. Net inflows amounted to €7.1 billion.
Growth was achieved notably through the signature of several major mandates, which expanded the distribution footprint in Europe and internationally. Distribution
was particularly strong in France, Belgium, Italy, Spain and Switzerland.
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