European asset manager CANDRIAM, part of New York Life Investment Management International, today released its half year results for 2021 to 30 June.

The firm stated in 2016 that it wanted to reach €150 billion in AUM by 2021 and with a €22.5 billion increase in assets on a year-on-year basis has reached this goal six months ahead of its year-end target.

Despite what happened to German asset manager DWS recently, CANDRIAM has said that €98 billion of its AUM are classified as ESG products. Yhe majority of these are from its European fund range classified within Article 8 and 9 under the EU’s Sustainable Finance Disclosure Regulation (SFDR).

Naïm Abou-Jaoudé, CEO of CANDRIAM, said in a statement: “Achieving this milestone of €150 billion, six months ahead of schedule, highlights our aim to deliver superior investment performance, our dedication to our clients and the ongoing support of our shareholder.

“The first half of 2021 reflects the growing popularity and demand for our ESG offering and other high performing strategies. I am confident of our ability to meet evolving investor needs by providing innovative solutions in accordance with our vision to invest with conviction and responsibility.”