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Rothschild & co Asset Management

PRI reporting framework 2019

You are in Organisational Overview » Basic information

Basic information

OO 01. Signatory category and services

01.1. Select the services and funds you offer

Select the services and funds you offer
% of asset under management (AUM) in ranges
Fund management
Fund of funds, manager of managers, sub-advised products
Other
Total 100%

Further options (may be selected in addition to the above)

01.2. Additional information. [Optional]


OO 02. Headquarters and operational countries

02.1. Select the location of your organisation’s headquarters.

France

02.2. Indicate the number of countries in which you have offices (including your headquarters).

02.3. Indicate the approximate number of staff in your organisation in full-time equivalents (FTE).

170 FTE

02.4. Additional information. [Optional]

Rothschild & Co Asset Management Europe is the asset management company of Rothschild & Co Group.

Rothschild & Co Asset Management Europe was  created in July 2017 through the combination of the Asset Management activities of Rothschild & cie Gestion and Martin Maurel Gestion.

Rothschild & Co Asset Management Europe is a limited partnership chaired by a College of General Partners. This legal form implies that the limited partners are jointly and fully accountable for the firm’s liabilities on their personal wealth.

History of the firm

The Group has been developing asset management activities for third parties since 1982, when the Rothschild family relaunched its banking activities in France following the nationalisation of Banque Rothschild in 1981.

Since then, asset management and wealth management activities have grown strongly, thanks to a dynamic organic growth and some targeted acquisitions:

In 2001, the Group strengthened in wealth management with the acquisition of SOGIP, an independent bank with family-owned capital.

In 2010, the service platform activities (Selection R) for independent advisors were divested to focus solely on funds and mandates management for institutional investors, funds pickers, wealth clients and wealth management advisors.

In 2011 and 2012, the alternative management activities, already started in early 1993, were reinforced with the acquisition of Héritage Asset Management and then HDF Finance, enabling the Group to position itself among the leaders in alternative investment solutions in open-architecture.

In June 2016, the Rothschild and Maurel families announced the merger of the two respective holding companies, Rothschild & Co and Compagnie Financière Martin Maurel, in order to create one of France’s leading independent private banks.

In 2017, the asset management (Rothschild & Co Asset Management Europe ) and the Private Banking (Rothschild Martin Maurel) activities were separated on the occasion of the merger of the two groups.


OO 03. Subsidiaries that are separate PRI signatories

03.1. Indicate whether you have subsidiaries within your organisation that are also PRI signatories in their own right.

03.3. Additional information. [Optional]

 

 


OO 04. Reporting year and AUM

04.1. Indicate the year end date for your reporting year.

31/12/2018

04.2. Indicate your total AUM at the end of your reporting year.

Include the AUM of subsidiaries, but exclude advisory/execution only assets, and exclude the assets of your PRI signatory subsidiaries that you have chosen not to report on in OO 03.2
Total AUM
trillions billions millions thousands hundreds
Currency
Assets in USD
trillions billions millions thousands hundreds

04.4. Indicate the total assets at the end of your reporting year subject to an execution and/or advisory approach.

04.5. Additional information. [Optional]

Two types of SRI processes are co-existing within our portfolio management expertises:

- Almost all our directly managed funds follow a comprehensive process relying on (i) exclusions of companies that do not comply with the Oslo and Ottawa Treaties and a number of fundamental principles, (ii) the monitoring of the portfolio's ESG rating and carbon intensity (with a common minimum portfolio rating objective) and (iii) a commitment policy, etc.

- A part of our alternative investment funds (long only fund management / we thus decided to exclude from our UNPRI reporting perimeter a part of our alternative investment funds) follows an ESG process: (i) compliance with the Ottawa and Oslo exclusions, (ii) ESG questions sent to fund management companies we invest in to check their ESG practices and (iii) construction of ESG reporting tools (calculation of the portfolio rating and carbon intensity).


OO 06. How would you like to disclose your asset class mix

06.1. Select how you would like to disclose your asset class mix.

Internally managed (%)
Externally managed (%)

 

Listed equity 10-50% 38 <10% 8
Fixed income 10-50% 45 <10% 7
Private equity 0 0 0 0
Property 0 0 0 0
Infrastructure 0 0 0 0
Commodities 0 0 0 0
Hedge funds 0 0 <10% 2
Fund of hedge funds 0 0 0 0
Forestry 0 0 0 0
Farmland 0 0 0 0
Inclusive finance 0 0 0 0
Cash 0 0 0 0
Money market instruments 0 0 0 0
Other (1), specify 0 0 0 0
Other (2), specify 0 0 0 0

06.2. Publish asset class mix as per attached image [Optional].

06.3. Indicate whether your organisation has any off-balance sheet assets [Optional].

06.5. Indicate whether your organisation uses fiduciary managers.

06.6. Provide contextual information on your AUM asset class split. [Optional]


OO 07. Fixed income AUM breakdown (Private)


OO 08. Segregated mandates or pooled funds (Private)


OO 09. Breakdown of AUM by market

09.1. Indicate the breakdown of your organisation’s AUM by market.

90 Developed Markets
5 Emerging Markets
5 Frontier Markets
0 Other Markets
Total 100% 100%

09.2. Additional information. [Optional]


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