Nice-headquartered asset management fintech Active Asset Allocation (AAA) has appointed Pascal Dumont as partner and head of Institutional Sales, effective 1 February 2018.
Dumont joins from BNP Paribas Asset Management, where he was most recently head of Institutional Sales France. He will be supporting AAA’s growth on the institutional segment.
AAA provides a range of investment solutions, focusing on risk-management based asset allocation, to institutional investors, pension funds and asset managers.
The firm, founded in 2010 by Adina Grigoriu and Olivier Hiezely, has set a target of €20bn of assets under advisory by 2021. It has established presence in Paris, Amsterdam and in Irvine, California.
“I am very proud to join Active Asset Allocation, a fintech of reference in the asset management industry, focused on risk management. Active Asset Allocation has adopted a sustainable approach in the finance industry, turned towards the future by digitalising it’s services in order to enhance the value of our investments,” commented Dumont.