Edmond de Rothschild to acquire 34% stake in ERAAM.

Edmond de Rothschild, an investment house, agreed to acquire a 34% stake in ERAAM, a factor investing firm. Financial terms were not disclosed. By acquiring a 34% stake in ERAAM, Edmond de Rothschild reiterates its belief in the potential of quantitative management. This partnership will allow Edmond de Rothschild to launch new strategies guaranteeing our clients access to a diverse, theme-based and high-quality world of investment opportunities. In turn, ERAAM will benefit from the commercial might and brand of the Edmond de Rothschild Group for marketing its funds and accelerating growth. “Today, the ability to understand and manage data carries a genuine competitive advantage and we firmly believe in the synergies between conviction-based management and quantitative management. This partnership will strengthen our offer in the short term and, in the mid-term, will mean all our asset managers can supplement their own analyses with the tools and processes developed over time by ERAAM” Christophe Caspar, Edmond de Rothschild Group CEO.