Candriam Investors Group expands into the U.S. with Opening of New York Office

Candriam to deliver multi-specialist asset management capabilities to U.S. investors

NEW YORK, January 9, 2017 – Candriam Investors Group, a leading European multi-specialist asset manager owned by New York Life Investment Management (NYLIM), today announced the opening of an office in New York, reflecting its continued growth and geographic expansion.

The New York office, located at 51 Madison Avenue, will serve U.S. institutional investors with a range of Candriam’s flagship international equity and fixed income strategies, including Sustainable and Responsible Investments, and investment solutions for insurers and pension plans.

In parallel, Candriam continues its partnership with New York Life’s MainStay Investments and IndexIQ, offering Absolute Return, Emerging Markets Equities and Sustainable and Responsible Investments capabilities.

Naïm Abou-Jaoudé, chief executive officer of Candriam Investors Group and chairman of NYLIM International, said: “Opening our office in the U.S. is an important step forward for us in serving U.S. investors. We see tremendous interest in proven Sustainable and Responsible Investments capabilities, an expertise which is fast growing in Europe and the U.S., and in which Candriam has been a pioneer and leader for 20 years.”

Supporting thought leadership in Sustainable and Responsible Investments in the U.S., Candriam recently sponsored the US SIF Foundation’s biennial report on US Sustainable, Responsible and Impact Investing Trends 2016 released in mid-November. The report found that sustainable, responsible and impact investing now account for nearly $9 trillion in total assets, a significant growth in environmental, social and governance (ESG) managed assets that reflects growing demand from both institutional and retail investors.

Additionally, Candriam is partnering with the Penn Social Entrepreneurship Movement (PennSEM), a student association at The Wharton School at the University of Pennsylvania, and is working with Columbia University, in collaboration with NYLIM’s MainStay Investments, to research ESG dynamics and the growing ESG awareness among investors as a distinct and successful investment style in the U.S.


Candriam Investors Group is a leading pan-European multi-specialist asset manager with a 20-year track record and a team of 500 experienced professionals.

Managing about $112.5 bn AuM at the end of September 2016, Candriam has established management centres in Luxembourg, Brussels, Paris and London, and has experienced client relationship managers covering Continental Europe, the UK, the U.S., the Middle East and Australia.

Its investment solutions cover five key areas: fixed income, equities, absolute performance strategies, sustainable investments and advanced asset allocation. Through investment solutions driven by strong convictions, Candriam has earned a reputation for delivering innovation and strong performance to a long-standing, diversified client base in over 20 countries.

Candriam Investors Group is a New York Life Company. New York Life Investments ranks among the world's largest asset managers2.


About New York Life Insurance Company
New York Life Insurance Company, a Fortune 100 company founded in 1845, is the largest mutual life insurance company in the United States* and one of the largest life insurers in the world. New York Life has the highest possible financial strength ratings currently awarded to any life insurer from all four of the major credit rating agencies: A.M. Best (A++), Fitch (AAA), Moody’s Investors Service (Aaa), Standard & Poor’s (AA+).** Headquartered in New York City, New York Life’s family of companies offers life insurance, retirement income, investments and long-term care insurance. New York Life Investments*** provides institutional asset management. Other New York Life affiliates provide an array of securities products and services, as well as retail mutual funds. Please visit New York Life’s website at for more information.

*Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),” Fortune magazine, 6/17/16. For methodology, please see
**Individual independent rating agency commentary as of 8/9/16.
***New York Life Investments is a service mark used by New York Life Investment Management Holdings LLC and its subsidiary, New York Life Investment Management LLC.

Media Contact:
Kevin Maher
New York Life Insurance Company


1New York Life Investments is a service mark used by New York Life Investment Management Holdings LLC and its subsidiary New York Life Investment Management LLC. New York Life Investment Management LLC is a wholly-owned indirect subsidiary of New York Life Insurance Company.
2Source: New York Life Investments ranked 24th among the world’s largest money managers within Pensions & Investments, May 30, 2016. Rankings are based on total worldwide institutional assets under management for the year-end 2015. New York Life Investments assets include assets of affiliated investment advisors.