Candriam Luxembourg S.A. (Luxembourg)


Candriam Luxembourg S.A. is an adviser based in Luxembourg. It manages $40.73 billion of regulatory assets for 194 client accounts. It has been registered with the SEC as an adviser since 2014.

Candriam Luxembourg provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, publication of newsletters, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Candriam Luxembourg: assets under management

The assets under management (AUM) of Candriam Luxembourg S.A. is $40.73 billion. The company doesn't manage any assets belonging to foreign clients.

The firm manages $37.06 billion in discretionary accounts and $3.67 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $193.01 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.84 billion.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Candriam Luxembourg S.A. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Candriam Luxembourg S.A.

John Yong Kim has been acting as President since 1 Feb 2014. Philippe Pierre Remy joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Jean Yves Marie Pierre Maldague Managing director of candriam luxembourg and and chief financial officer of candriam group 1 Mar 2004 Other 6408936
Naim Abou Jaoude Director 1 Dec 2006 Other 6408927
Pierre Georges Ernst Chief operations officer of candriam group 1 Mar 2009 Other 6408933
Pierre Guillaume Rene Stephane Veaux Global head of legal and compliance of candriam group 1 Jan 2010 Other 6408930
Yie Hsin Hung Chairman of the board of directors and chairman of the audit & compliance committee 1 Feb 2014 Other 1586401
John Yong Kim Director 1 Feb 2014 Other 2010539
John Thomas Fleurant Director and member of the audit and compliance committee 1 Feb 2014 Other 2683258
John Michael Grady Director and member of the audit and compliance committee 1 Feb 2014 Other 4380203
New York Life Investment Management Global Holdings S.à R.L. Sole member/direct & sole interest holder 1 Feb 2014 75% - 100% 98-1130595
Philippe Pierre Remy Chief compliance officer 1 Oct 2014 Other 6408928

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
New York Life Insurance Company Indirect interest holder 1 Dec 1999 75% - 100% 13-5582869
New York Life Investment Management Global Holdings S.à R.L. Direct interest holder 1 Sep 2013 75% - 100% 98-1130595
New York Life Investment Management Holdings International S.à R.L. Indirect interest holder 1 Oct 2013 75% - 100% 98-1135858
New York Life Investment Management Holdings Ii International S.à R.L. Indirect interest holder 1 Oct 2013 75% - 100% 98-1135948
New York Life Investment Management Holdings Llc Indirect interest holder 1 Dec 2013 75% - 100% 52-2206682

Based in Luxembourg

The principal office where Candriam Luxembourg S.A. performs its advisory services is located at 136 Route D'arlon, Luxembourg, L 1150, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number +352 27 97 1 or by fax +352 27 97 49 40. The normal business hours are 9:30-5:30 on Monday - Friday. You can find more information about the New York firm at candriam.com.