Alumia, a leading Luxembourg-based MiFID regulated investment advisory firm providing wealth management and fund services, has unveiled a strategic partnership with Chikara Investments LLP (Chikara), a London-based investment management firm to expand their market presence in continental Europe.
In a statement on 20 May, it said the partnership will leverage Alumia’s extensive distribution network and substantial client base while enabling Chikara to offer its sophisticated investment strategies, in Japan, India and Emerging Markets equities, to new European audiences.
Key focus areas include:
- Market Expansion and Penetration: Alumia will provide strategic guidance and network access across continental Europe, helping Chikara identify and navigate high-potential markets.
- Specialized Investment Strategies: Chikara will provide unique access to highly-specialized investment strategies, offering diversified portfolio options focused on Japan and India.
- Client-Centric Financial Solutions: Together, both companies will provide a comprehensive suite of services that meet diverse regional needs through a highly customer-oriented approach.
Alumia advises a range of sophisticated clients including asset managers, corporates and family offices across continental Europe, predominantly in Luxembourg, Belgium, France, Switzerland and the Netherlands.
The newly introduced specialty equity strategies was expected to be “garnering significant interest from clients”, the statement further highlighted.
Alumia’s CEO David Saab who has a 20-year career in banking and asset management at J.P. Morgan, Rothschild, and more, highlights that “For asset managers, building an experienced and global sales force, while meeting regulatory requirements and also using digital channels, has steadily become more challenging and costly”.
CEO of Chikara, James Tollemache added: “Partnering with Alumia, who we have known for many years, ensures our investment strategies are successfully communicated to a wide audience in continental Europe in a sophisticated way. Sales and marketing strategies have evolved a great deal and we are looking forward to harnessing their approach.”
