Luxembourg-based investment advisory firm Alumia has formed a strategic partnership with Banca del Sempione, a private bank based in Lugano, Switzerland, to provide fixed income solutions to European investors. Announced on Thursday 12 December 2024, the collaboration introduces a range of bond strategies, including Base Investments Sicav, Bonds Value and Flexible Low Risk Exposure. These solutions aim to meet the evolving needs of European portfolios by offering adaptable investment options in the bond market.

The partnership will combine the firms’ expertise in active management of fixed income assets. With Banca del Sempione’s track record in asset management and Alumia’s presence across Europe, the companies said that the solutions will be available to clients in Luxembourg, Belgium, France, Switzerland and the Netherlands.

David Saab, CEO of Alumia, stated that the collaboration addresses the growing need for liquidity and flexibility in fixed income markets, particularly during periods of market change. Pietro Scibona, deputy general manager at Banca del Sempione, emphasised the firms’ combined market expertise and their focus on providing fixed income strategies that align with evolving investor needs.

The solutions will be available to a range of clients, including family offices, pension funds, institutional investors and asset managers. Alumia’s with Universal Investment Group, which oversees nearly €1trn in assets, adds further resources to support this offering, stated the press release.

Founded in 1960, Banca del Sempione has a long history in Swiss private banking. Its variable capital investment company, Base Investments Sicav, launched in 2001, offers a variety of investment solutions across multiple asset classes, with an emphasis on preserving and growing capital through diversified strategies.