Candriam, has expanded both its ESG development and climate-related thematic global equity teams in response to growing investor demand for its products, and after revealing record AUM last year of €158 billion.
Candriam recently reported that its ESG-related AUM had reached €105 billion, representing 67% of the total. Its actively managed thematic strategies are proving especially popular, attracting €2.1 billion of inflows last year and propelling the thematic global equity platform’s AUM across 12 funds to €12.2 billion.
Thematic Global Equity – senior new hire and internal promotion
Marouane Bouchriha, CFA, has been appointed as fund manager on Candriam’s climate action strategy, which he will lead with Vincent Meuleman. Marouane has over seven years of investment experience and joins from Edmond de Rothschild Asset Management where he co-managed climate solutions strategies. He holds a Master’s in Financial Markets & Risk Evaluation from the Toulouse School of Economics.
David Czupryna has been appointed as lead fund manager on the firm’s circular economy strategy. His new role is a natural transition from his previous position as Head of ESG development at Candriam, where he was instrumental in developing Candriam’s ESG footprint and creating new thematic investment strategies. David has around 15 years of investment experience.
Marouane and David report into Rudi Van den Eynde, Head of Thematic Global Equity.
ESG Development – newly established role in New York and internal promotion
Alexandra Russo has been hired into a newly created role as Head of ESG Client Portfolio Management for the US and UK. Alexandra joins after 10 years at Allianz Global Investors where she was a product and sustainability specialist and a member of the thematic equity team.
Based in New York and working with Candriam’s in-house team of 22 ESG research and investment professionals, she will support the firm’s capabilities across the US and UK with respect to key ESG strategies.
Marie Niemczyk has been appointed as Head of ESG Client Portfolio Management for Europe, based in Paris. Marie has been with the firm since 2018 as Head of Insurance Relations. Candriam’s ESG Client Portfolio Management Team plays a key role in conveying Candriam’s ESG expertise to investors, developing the firm’s ESG business and offering, and implementing regulatory evolutions.
Alexandra and Marie report into Wim Van Hyfte PhD, Global Head of ESG Investments and Research.
“These appointments ensure Candriam can continue to build on its strengths in ESG investing and thematic equity. We are adding a wealth of expertise to these two teams, deepening our skills and experience. Investors want us to keep doing what we are doing around sustainable and responsible investment, and in fact to go further, so I am delighted we are able to make these appointments and bring fantastic new talent into the business.”Vincent Hamelink, Chief Investment Officer at Candriam