Evli funds in France one year on

Finnish Evli Bank has entered the French fund market one year ago.

Since February 2015, the asset manager has been teaming up with French third party marketer Compagnie Financière Jacques Coeur (CFJC) to commercialise its flagship funds towards French institutional investors.

Commenting its activities in France, the Finnish bank said the interest of French institutional investors has been “large” towards the firm and its mutual fund expertise.

The Evli Europe fund which is invested in European equities has particularly aroused French investors’ interest.

Evli Europe has outperformed its benchmark (MSCI Europe TR Net (EUR) return index) by nearly 12% in 2015 with a lower volatility than that of the benchmark, the company said.

The Finnish bank also highlights the interest of investors for the Evli Corporate Bond and Evli European High Yield funds.

“Evli Corporate Bond has been in the top 10% in Europe during the last 10 and 15 years and Evli European High Yield has been in the top quartile during the last 10 years,” the firm added.

Maunu Lehtimäki, CEO of Evli Bank, commented : “We’re happy for the pleasant welcome Evli has received by the French investment community. For a year´s time we’ve been working side by side with CFJC.

“We’ve been met well by many admirable French investment professionals. The strive to take Evli’s funds into the fund analysis by the French investors has turned out well.

“Evli will continue the good co-operation with CFJC and the French institutional investors will be seeing more of both parties and the Evli funds.”

Evli Bank managed €5.2bn in assets as at end December 2015, of which €4.3bn come from Finnish clients and €0.9bn from international clients.

Adrien Paredes-Vanheule
Adrien Paredes-Vanheule is deputy editor and French-Speaking Europe Correspondent for InvestmentEurope, covering France, Belgium, Geneva and Monaco. Prior to joining InvestmentEurope, he spent almost five years writing for various publications in Monaco, primarily as a criminal and financial court reporter. Before that, he worked for newspapers and radio stations in France, in particular in Lyon.

Read more from Adrien Paredes-Vanheule

Close Window
View the Magazine

I also agree to receive editorial emails from InvestmentEurope
I also agree to receive event communications for InvestmentEurope
I also agree to receive other communications emails from InvestmentEurope
I agree to the terms of service *

You need to fill all required fields!