Luxembourg, 26 September
Fuchs Asset Management, a Luxembourg-based management company and AIFM, today announces their rebranding as Funds Avenue. This transformation aligns with their strategic partnership with Trustmoore, a global corporate services company. The rebranding and new partnership strengthen the position of both companies in the Luxembourg financial market.
Funds Avenue’s new name marks the beginning of a promising future. This is complemented by the new partnership between Funds Avenue’s expert fund management services and Trustmoore’s specialized fund administration services. This enables both companies to offer a broader and more comprehensive range of fund services including risk & portfolio management, investor onboarding, fund accounting and financial reporting services. Their combined commitment to provide tailor-made fund solutions creates a streamlined and efficient experience for their clients.
While both companies will retain their unique identities, there is synergy in Funds Avenue and Trustmoore’s shared values and beliefs around clients, relationships, and solutions. Both companies have a boutique approach which allows them to create tailor-made services for their clients. They create true understanding about their clients’ business and challenges by building long term relationships. This shared commitment to finding solutions for their clients combined with long term vision creates a foundation for success. Whilst the partnership between Funds Avenue and Trustmoore remains subject to the final approval of the CSSF, it will not just be about what they can offer to their clients but about establishing mutual success.
"We are excited to announce our new name. It stands for a new chapter of our company and to combine that with the Trustmoore partnership makes it even more exciting. This alliance is a testimony to the strength of Funds Avenue’s core values and our commitment to crafting tailored financial solutions while building genuine, long-term relationships with our clients."
“I am glad that the founding principle of Trustmoore - aligning our success with our clients' success - resonates with Funds Avenue's main principle. This shared value demonstrates a strong commitment to client satisfaction and success. At the same time, I am excited to see our Luxembourg office grow to 90 people with the Funds Avenue team joining us on our Rue Dicks location. The cooperation with Timothe and collective efforts of the Funds Avenue and Trustmoore teams in successfully establishing this partnership has been exemplary in every way and gives me great confidence for the future of our partnership.”
"Trustmoore and Funds Avenue share a vision for client service that is unique in our industry. This partnership allows us to amplify the value we offer by combining our client services for the Luxembourg market. The combined capabilities and expertise mean we can offer something truly valuable to our existing and new clients."
”This partnership is much more than the addition of two companies. It is all about sharing values, joining talents and forces, and building continuous success for our clients.”
Funds Avenue is an independent third-party management company and AIFM providing governance and substance solutions to fund managers from around the globe. Based in the leading European fund domicile Luxembourg, it operates in an open architecture and offers a wide range of services to investment funds. Their aim is to help fund managers navigate the regulatory landscape.
Trustmoore is a global boutique corporate services company providing legal and financial administration and private client solutions. They provide a wide range of corporate services in a non-corporate way. From structuring investment funds and managing capital markets transactions to setting up family offices or supporting international corporate expansion, they aim to make their client’s success possible through a personal approach and tailor-made services.