Candriam France S.A.S. (Paris)
Candriam France S.A.S. is a large advisory firm based in Paris. It manages $22.84 billion of regulatory assets for 95 client accounts. It has been registered with the SEC as an adviser since 2014.
Candriam France S.A.S provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, publication of newsletters, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Candriam France S.A.S: assets under management
The assets under management (AUM) of Candriam France S.A.S. is $22.84 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 130% since the beginning of its operation, and $22.74 billion of the total AUM is attributable to clients outside of the United States.
Investments
The firm invests in sovereign bonds the most. They account for 20% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 15% of the firm’s portfolio. Investments in exchange traded securities form 15% of the total invested assets.Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Candriam France S.A.S. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
What kind of clients John Yong Kim serves?
The firm provides services to insurance companies, pooled investment vehicles, and corporations or other businesses. The largest group of clients of John Yong Kim is pooled investment vehicles with 58 clients and $15.06 billion of assets under management. Among the 9 most similar advisory firms, Candriam France S.A.S has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $22.61 billion for 88 clients. 100% of the firm’s clients are foreign persons or businesses.
Candriam France S.A.S also advises several private funds. Namely, three hedge funds and one other private fund. The minimum investment commitment required of non-related persons ranges from $150,100 to $300,200.
Careers at Candriam France S.A.S.
The company employs 167 people that are either part- or full-time employees. 34 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
John Yong Kim has been acting as President since 1 Feb 2014. Joel Martin Steinberg joined the executive team most recently as the Senior Vice President, Interim Chief Financial Officer & Chief Risk Officer.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 11 indirect owners.Based in Paris
The principal office where Candriam France S.A.S. performs its advisory services is located at 40 Rue Washington, Paris, F 75008, which is also the mailing address of the firm. The firm also has an office outside of the United States.
You can reach the main office by calling the phone number +33 1 53 93 40 00 or by fax +33 1 45 63 31 04. The normal business hours are 9:30-5:30 on Monday - Friday. You can find more information about the New York firm at candriam.com.
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