Swiss Life Private Bank Partners with Fund Channel for Enhanced Asset Management Services
Deal News | Mar 10, 2025 | Amundi
Swiss Life Private Bank, a key player in the French wealth management sector and a subsidiary of Swiss Life, has partnered with Fund Channel, a fund distribution platform co-owned by Amundi and CACEIS. This partnership aims to streamline the management of Swiss Life Private Bank's collection and retrocession services, offering a one-stop solution for operational, regulatory, legal, and financial processes. Fund Channel, operating across Europe and Asia, provides a comprehensive platform to enhance fund distribution and efficiency. This collaboration marks a pivotal step in boosting Swiss Life's services and optimizing operations in the evolving wealth management industry.
Sectors
- Wealth Management
- Asset Management
- Financial Services
Geography
- France – Swiss Life Private Bank is a significant player in the French wealth management market.
- Luxembourg – Fund Channel is headquartered in Luxembourg, underpinning its central operations.
- Europe – The partnership has implications across Europe, given Fund Channel's operational reach.
Industry
- Wealth Management – The involvement of Swiss Life Private Bank highlights the focus on wealth management services within the financial sector.
- Asset Management – Fund Channel's services are centered around asset management operations and distribution.
- Financial Services – Both companies involved provide a range of financial services, including banking and asset management.
Financials
- 521 billion euros – Assets under intermediation by Fund Channel.
- 7.7 billion euros – Assets managed by Swiss Life Private Bank.
- 54 billion euros – Assets under custody by Swiss Life Private Bank.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Swiss Life Private Bank | Target | Company | A subsidiary of Swiss Life, providing wealth management services in France. |
| Fund Channel | Other - Fund Distribution Platform | Company | A B2B fund distribution platform co-owned by Amundi and CACEIS. |
| Amundi | PE | Company | Co-owner of Fund Channel and a major asset manager based in Europe. |
| CACEIS | Other - Co-owner of Fund Channel | Company | A European leader in asset servicing. |