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Kneip opens Paris office

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Kneip, a service provider to the investment fund industry, has expanded its network with the opening of a Paris office and has appointed Christian Mavides to head up the office.

The opening of Kneip’s French office is part of its strategy to provide on-the-ground support to clients in France where the fund management industry is experiencing particularly strong growth.

The opening builds upon Kneip’s recent acquisition of La Cote Bleue, located in the heart of Paris at the Palais Brongniart—the original Bourse.

Mavides, who was previously financial advertising director at BFM radio in charge of finance and bank insurance sectors, will focus on building Kneip’s French-based client base and supporting existing client relations.

Bob Kneip, chief executive of Kneip, says: “France is Europe’s oldest and largest financial market for domestic funds. With recent developments in the European market, including Ucits IV, some French fund managers have relocated central functions to Paris to achieve economies of scale. Given these factors, it is crucial that Kneip has a geographic presence from which it can develop relationships within this vibrant national industry. Christian, who has extensive relationships within the local market, will be a great attribute at this stage of our development.” 

Headquartered in Luxembourg, Kneip provides a range of services to the asset management industry. These include fund listings, corporate actions, static data and document management through MasterFile, fund reporting and fact sheets, specialised translation and proofreading, and targeted video production and distribution.

Mavides says: “As a provider of high quality services to asset managers, Kneip has the potential to provide considerable assistance to the French fund management market. I look forward to bringing to bear my contacts and knowledge of the financial community to help grow Kneip’s business.”

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