Crédit Agricole Asset Management CAAM, the asset management division of the Credit Agricole group and Calyon, its corporate and investment banking division have announced the creation of a 5050 joint venture called Crédit Agricole Structured Asset Management CASAM.
This new asset management company, approved by the Autorité des Marchés Financiers the French securities regulator - on 1 September 2005, brings together expertise from across the Crédit Agricole Group in structured investment products, alternative investment through managed accounts, and exchange traded funds ETF.
Indeed, the joint venture, which is the sole provider of such products within the Crédit Agricole Group, will oversee 430 funds...