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February 2024
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Luxembourg’s Fund Channel launches fund-dealing services

Luxembourg
The new services include order-routing, execution and safekeeping services that extend its core distribution and data offering
By Goh Thean Eu   
September 27, 2021

Luxembourg-based Fund Channel, a distribution platform owned by French asset manager Amundi, has launched a new fund dealing service for asset managers and fund distributors who are its clients.

The services include order-routing, execution and safekeeping services that extend its core distribution and data offering, Fund Channel says in a statement on September 24.

The company has hired Jean Vaz to head the fund dealing team. Based in Luxembourg, he was previously a client relationship director at US-based fund administrator Gen II Fund Services.

Fund Channel currently has over 330 billion euros (US$387.33 billion) of assets under intermediation, servicing 600 asset managers and over 100 distributors.