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ODDO BHF AM and METROPOLE Gestion announce their merger
PRESS RELEASE
PARIS, FRANKFURT, DUSSELDORF, LUXEMBOURG
21.09.2021
ODDO BHF Asset Management and METROPOLE Gestion announce the acquisition by ODDO BHF Asset Management SAS of 100% of the equity capital of METROPOLE Gestion, subject to approval by the French Autorité des Marchés Financiers (AMF). Founded in 2002 by François-Marie Wojcik et Isabel Levy, METROPOLE Gestion is an independent French asset manager specialising in value investing. Value investing consists in detecting under-priced quality stocks.
This link-up will avail clients of ODDO BHF AM and METROPOLE Gestion of a unique investment style that has been implemented for more than 20 years by a stable and dedicated team led by Isabel Levy and Ingrid Trawinski.
The expertise of METROPOLE Gestion’s team will enrich ODDO BHF AM’s existing product offering. Both investment firms have already placed environmental, social and governance (ESG) criteria at the heart of their investment processes for several years now.
METROPOLE Gestion’s fund range will benefit from ODDO BHF AM’s European distribution capacities, particularly in France, Germany, and Switzerland, with institutional clients, distributors and independent financial advisors. Meanwhile, the merger will give ODDO BHF AM’s strategies access to distribution in the US and UK, where METROPOLE Gestion is already present.
Francois-Marie Wojcik, Chairman and CEO of METROPOLE Gestion, said: “In almost 20 years, METROPOLE Gestion has built up renowned know-how in value-oriented investment style, thanks to the trust that investors have placed in it, and backed by a highly skilled and devoted team. This know-how will be the cornerstone of the greater reach it will have within the framework of this merger.”
Isabel Levy, Deputy CEO and Chief Investment Officer of METROPOLE Gestion, said: “This merger addresses METROPOLE Gestion’s wish to join up with an ambitious business strategy by combining teams with renowned and complementary skills and similar cultures.”
Nicolas Chaput, CEO of ODDO BHF Asset Management said: “We are very pleased to welcome the METROPOLE Gestion team, whom we know well and for whom we have the utmost respect. The value-oriented investment style implemented by Isabel’s and Ingrid’s teams will enrich the Group’s product offering and meet the expectations of many of our clients.”