Olympia Capital Management, which has $2.2 billion in funds of funds, is taking over the management of the fund of hedge funds of Sal. Oppenheim France and notably the Altipro mutual fund range governed by French law.
“This merger will contribute to the Group’s development strategy and broaden our French regulated fund offering at a time when it is clear that our customers are seeking improved transparency and supervision. We are also proud to have been chosen as the fund manager the most suitable to manage the funds in the customers' best interest. We will continue to explore