A European cross-border fund distribution platform, is now available for institutional investors in Asia.
Fund Channel, a major player among European fund distribution platforms, has extended its presence to Asia with the opening of a new office in Singapore.
Fund Channel was founded in 2005 and with a team of 65 people and is based in Luxembourg with another office in Switzerland.
With more than 60 billion Euros in assets distributed, Fund Channel ranks among the top 3 international distribution platforms in Europe. Through its new branch in Singapore, the company has an objective to reach 5 billion Euros in assets distributed within 4 years.
Comprehensive Suite of Services
This joint venture owned by Amundi Group and BNP Paribas Investment Partners now offers to distributors of Asian funds support services for the management of distribution contracts with asset managers.
These services consist of regulatory monitoring, optimizing revenues by assisting them in the calculation, monitoring and commission payments for the distribution of funds.
Fund Channel currently supports over 100 institutional clients in their cross-border fund distribution activity across a dozen European countries. Its B2B distribution platform administers around 45,000 funds from over 400 management companies.