Rothschild & Co Asset Management, a provider of private banking and asset management services, announced notable growth in inflows, reporting net inflows of €2.6bn since January 2024. The firm confirmed its position as the leading independent asset management company in France based on inflows excluding cash and ranked 44th among 2,500 asset management firms across Europe in a press release on 22 October 2024.

The firm’s asset management division recorded total assets under management of €35bn, reflecting a 6% increase since the start of the year. This growth was attributed to the firm’s expertise in bonds, particularly in its mature funds and the valor range.

Rothschild & Co AM attributed the growth to its performance in Europe, with contributions from the Belgian and Luxembourg markets accounting for €181m in inflows. Markets including Switzerland and Germany also contributed to this growth. Collectively, inflows from these countries represented a quarter of the company’s overall inflows. Quentin Piloy, head of sales for Benelux, Germany, Austria and Switzerland, noted that this momentum reflects the efforts of teams based in Brussels, Frankfurt, Zurich and Geneva.

To support its growth ambitions in these expanding markets, Rothschild & Co AM strengthened its sales teams over the summer with new hires. Additionally, the company relocated its Brussels office to a more modern and eco-responsible environment, enhancing facilities for clients, the firm said.

Looking ahead, Rothschild & Co AM attributed its strategy to maintaining momentum for the remainder of the year. The firm plans to launch several new funds, particularly in the high-yield bond segment, while expanding its offerings in maturity funds, European equity funds and discretionary funds.

Rothschild & Co has over 3,800 employees across more than 40 countries worldwide.