Edmond de Rothschild Asset management wins the SimCorp StrategyLab Growth Management Excellence Award 2010

SimCorp StrategyLab announced this year’s winner of the SimCorp StrategyLab Growth Management Excellence Award at an event in Berlin, at which close to 400 senior delegates from the international investment management industry witnessed Edmond Rothschild Asset Management take home the award.

The assessment was based on Edmond de Rothschild Asset Management achievements within growth management accomplished in the period from 1 August 2009 to 31 July 2010. The award was given to Edmond de Rothschild Asset Management for their ability to not only weather the challenging conditions during the worst financial crisis, but also for putting a growth strategy in place that secured the organisation considerable increase in the number of clients, in revenue and in earnings. In particular, the selection committee noted that Edmond de Rothschild Asset Management had been able to grow total asset under management by more the 52% of which more than half is contributed to the organisation’s focus on growth and improvement on performance.

“Our growth is entirely dependent on our ability to provide quality investment services and generate sustainable alpha for our clients”, says Philippe Couvrecelle, Chairman of the Executive Board of Edmond de Rothschild Asset Management. “International expansion and product innovation are, and always will be, key to our industry. Our group has a long history of innovation and readily embraces new markets and new investment ideas. With the right, flexible and scalable IT platform in place, we are able to grow through structured international development and safe development of investment management techniques. Further, it provides a risk control system that is among the most sophisticated in the industry.”

Patrick Peris, Deputy Managing Director, Edmond de Rothschild Asset Management accepts the Growth Management Excellence Award from Peter Ravn, CEO of SimCorp and Director of SimCorp StrategyLab, Professor Ingo Walter, Stern School of Business at NYU.

Edmond de Rothschild Asset Management was named the winner after thorough evaluation of entries by an international jury consisting of distinguished specialists and academics within finance and governance. The jury included professor and director of SimCorp StrategyLab, Ingo Walter, professor Paul Verdin of KU Leuven University, professor Michael Pinedo of Stern School of Business, NYU, and SimCorp’s CEO Peter L. Ravn.

The award has been established for the purpose of rewarding and promoting best practices within risk, cost and growth management in the global investment management industry.

Enquiries regarding this announcement should be addressed to:
Lars Falkenberg, Assistant Director, SimCorp StrategyLab (+45 35 44 88 00, +45 26 30 01 27)

About Edmond de Rothschild Asset Management
An affiliate of La Compagnie Financière Edmond de Rothschild, Edmond de Rothschild Asset Management is specialised in managing equities, convertible bonds and asset allocation for institutional investors, banking and insurance company partners and distribution platforms throughout the world. Focusing on stock analysis and selection and asset allocation, Edmond de Rothschild Asset Management relies on unique know. The results testify to the firm’s impressive capacity to deliver sustainable performance. This historic success is also largely due to our conviction management and our systematic strategy of driving innovation in both asset management techniques and geographical approaches in the search for permanent alpha creation. At August 27 2010, Edmond de Rothschild Asset Management had EUR 12.34bn under management, of which EUR 9.6bn in equities and EUR 1.3bn in Chinese and Asia ex Japan equities.

SimCorp StrategyLab
SimCorp StrategyLab is a private research institution, headed by Mr Ingo Walter, Seymour Milstein Professor of Finance, Corporate Governance and Ethics at Stern School of Business, New York University. SimCorp StrategyLab research work focuses on identifying, understanding and suggesting solutions to issues pertaining to mitigating risk, reducing cost and enabling growth in the investment management industry. www.simcorpstrategylab.com