Alumia Partners with Troy Asset Management to Expand European Presence
The recent partnership between Alumia and Troy Asset Management has sent shockwaves through the investment world. This strategic collaboration aims to expand Troy’s reach across Europe, offering its renowned multi-asset and global equity capabilities to a wider audience.
Troy Asset Management, known for its €10.2 billion multi-asset strategy, has made its mark in the industry with strong risk-adjusted returns through a diversified portfolio of developed market equities, bonds, gold, cash, and short-dated US Treasury bills. By teaming up with Alumia, a Luxembourg-based investment advisory firm specializing in wealth management and fund services, Troy is set to make a significant impact on the European investment landscape.
Alumia’s CEO, David Saab, expressed his excitement about the partnership, stating that Troy’s proven strategies will provide European investors with exceptional investment solutions. With Alumia’s extensive reach in countries like Belgium, France, Switzerland, and the Netherlands, the collaboration is poised to attract a diverse range of clients, including asset managers, corporates, and family offices.
Moreover, the strategic minority shareholder, Universal Investment Group, brings a wealth of experience and resources to the table, with close to €1 trillion of assets under supervision. This partnership not only enhances Troy’s capabilities but also enables the firm to launch innovative investment solutions tailored to the needs of its clients.
Overall, the Alumia-Troy partnership represents a significant milestone in the world of investment management. With Troy’s expertise and Alumia’s extensive network, European investors can look forward to a new era of robust and diversified investment opportunities. Stay tuned for more updates on this exciting collaboration!