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Fund Channel appoints head of management company relations

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Petra Joucken has joined Fund Channel as head of management company relations.

She will be responsible for developing new distribution agreements with management companies, particularly in Switzerland, Italy and the Netherlands, where Fund Channel is expanding its business.

From 2003 to the present  Joucken was Distribution Manager at ING. Her responsibilities included the distribution of third party funds for the private banking network.

She began her career in 1990 at BGL Luxembourg as an institutional client relationship officer, subsequently gaining experience in fund management and private banking at a number of institutions.

Set up in 2005, Fund Channel is an intermediary for assets totalling EUR29bn. It negotiates and formalises pricing agreements between management companies and distributors, computes and collects distribution fees, and provides online reporting for clients and also for management companies listed on the platform.

Fund Channel is owned 50.04 per cent by Crédit Agricole Asset Management Luxembourg and 49.96 per cent by BNP Investment Partners.

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