Paris-based Crédit Agricole Asset Management, a shop running EUR355.1 billion (USD418 billion) in assets, is keen to add more structured credit funds to its management portfolio. It's looking to expand its offerings and capitalize on a new client base acquired through the marketing of Dynamo, a European capital-protected fund it manages for BNP Paribas (DW, 6/24).
Possible additions to CAAM's range include a product referencing emerging market names in Eastern Europe, or another capital-protected fund geared toward retail investors in Europe and Asia, said Jean-Francois Boulier, head of European credit and fixed income. Boulier noted no ideas have been formalized, but he is keen to work with other arranging dealers that understand CAAM's business. There are no foreseeable barriers to prevent the manager from putting together new structures, he added.
