Mandates: benefiting from another year of rapid growth
Institutions show strong appetite for Ardian Mandates’ flexibility and the benefits of Ardian’s global scale and privileged market access.
Our Mandates activity continued to grow strongly in 2019, with 10 new mandate commitments worth about $3 billion confirmed, including our selection by KENFO, Germany’s first sovereign wealth fund, to manage a large private markets allocation. This was one of the most keenly contested Mandates of the year, putting Ardian against many leading European and US players.
The strength of Ardian’s own range of funds, coupled with the excellent access our Fund of Funds platform gives us to primary fundraisings by top third-party managers, is proving very attractive. Last year, our main markets for mandate growth were in Europe (Germany, France, Switzerland, Italy), where our long-established local presence is providing a key advantage.
Mandates will remain a critical area of growth for Ardian as more clients take the opportunity to build individually tailored portfolios, spanning different asset classes, regions and market segments, with the legal structuring and level of active involvement that suits their needs. Our goal for 2020 and beyond is to consolidate our strong position in Europe for Mandates and increase our presence in the Americas, Asia and the Middle East.
“Our Mandates activity will only become more important in the future. A growing group of clients now wants tailored portfolios rather than standardized products.”
Case studyA look on Germany’s first sovereign wealth fund partners with Ardian, with Daniel Rathmann, Investment Manager at KENFO