Lemanik Asset Management

Lemanik Asset Management S.A. (Lemanik) is an independent Management Company, headquartered in Luxembourg with local entities in Switzerland and Ireland. We support institutional investors in setting up and managing Undertaking for Collective Investments in Transferable Securities (UCITS) and Alternative Investment Funds (AIF). Lemanik covers also the whole value chain related to Wealth Management enablingclients to have access to international asset management, investment advisory and wealth planning.

Our business model incorporates a high degree of flexibility allowing us to be innovative and adaptable in terms of client’s configurations. In recent years, we have posted impressive growth figures driven by strong sales and targeted acquisitions resulting in a current panel of50 customers and circa $30 billion of AUM.

Besides our core services as third party management company, which include fund set up, fund governance, domiciliation, risk managementand  investment compliance monitoring we have also developed a number of value added services, such as support to distribution and cross-border tax reporting,  fund registration, or dividend withholding tax recovery.

Our client base is very diverse, being US, UK, Swiss, Spanish, Italian, German or Latin American asset managers, private bankers, family offices, insurance companies or financial intermediaries. During the last three years, Lemanik has strengthened his presence in the Asian region by  securing8 mandates with asset managers based in Hong Kong, Tokyo, Mumbai, Singapore and Seoul.

Our Lemanik’s solution is ideal for :

  • Setting Up and managing investment Funds
  • Exploring opportunities to invest Chinese Investors assets into Luxembourg UCITS products
  • Leveraging on our highly-experienced portfolio management on a discretionary basis 

Investment Funds Solutions in Luxembourg

Luxembourg is a perfect domicile for investment flows in and out of China as it offers Chinese investors opportunities to diversify their investments in terms of allocation and products.

With more than 3.5 trillion EUR of assets across 14,000 investment funds, Luxembourg is the most recognized center in Europe of cross-border investment funds offering Chinese asset managers a platform to launch an investment fund with strategy ranging from plain vanilla listed companies to complex infrastructure and real estate projects and to distribute this fund globally.

Following a Memorandum of Understanding signed with the Chinese authorities, Luxembourg is also one of the few financial centers to enable Chinese Qualified Domestic Institutional Investors (QDII) to invest directly in Luxembourg regulated financial products, giving access to Chinese investors to a wide variety of asset class in terms of sectors and region.

Both the UCITS and AIF regimes are designed to ensure investor protection in a highly regulated environment offering opportunities for different risk appetite and in full transparency on the investment manager activity.

“Five major Chinese banks, Industrial and Commercial Bank of China (ICBC), Bank of China (BoC), China Construction Bank (CCB), Bank of Communications and Agricultural Bank of China have their European headquarters in Luxembourg. China Merchants bank runs a branch out of Luxembourg. As a consequence, the six largest Chinese banks have a local presence in Luxembourg.

They selected Luxembourg for its competitive advantage as an international financial center, known for its economic stability, its skillful and multilingual work force and its expertise in cross-border business. Because of a favorable geographic location and its Euro Area membership, Luxembourg is also the ideal place to expand the Chinese banks’ network throughout the entire European single market.

Luxembourg offers investors:

  • A strong tradition of investor protection
  • A stable democracy and strong economy
  • A knowledgeable and responsive regulator
  • A Proactive legislation:
  • A tradition of financial expertise
  • A unique concentration of investment fund industry experts in all aspects of product”

Lemanik Wealth Management activity:

Lemanik covers the whole value chain related to Wealth Management and coordinate family office services, wealth structuring, financial and estate planning.Our network of international experts help us find the best global solutions. As an example, the legal forms used for structuring our clients assets include Luxembourg Soparfi, Hong Kong Trusts, Ucits, AIF, Life insurance contracts, etc. Solutions can be cross-checked with the big four audit firms.

We offer asset management, investment advisory and wealth planning and our clients invest in worldwide markets for cash, bonds, equities, mutual funds, derivatives, structured products, alternative investments and currencies.Lemanik has developed a specific know-how of constructing Ultra High Net Worth Individuals portfolios, from understanding their investment objectives to advising them on asset allocation, portfolio risk and performance measurement. Preservation of capital is key in Lemanik philosophy,being part of a company focused on risk management and mitigation.

Assets are deposited only in first-class institutions with the highest ratings which provide short/medium-term collateralised loan possibilities for the lowest margin and in the jurisdiction of choice of the client but preferably in Luxembourg, one of the rareAAA rated country in the world.

Completely independent from depository banks, we exercise a strong control on the different parameters which can affect the wealth of our clients.

Due to the size of our clients, pricing is institutional.

  • Source: Ernst& Young sept 2014
  • Source: ALFI, Lux For Finance and ernst&young 2015

Philippe Maclot is holder of an M.B.A. (honours) and a Certified European Financial Analyst diplomas.

Active for more than 17 years in wealth management, he worked successively for ING Group, SociétéGénérale and Rothschild holding various direction positions servicing Ultra High Net Worth Individuals located in Europe, South America and Asia. He is now Director of Asset Management at Lemanik Expert in international and Luxembourg wealth management solutions, Philippe regularly gives conferences on the topic around the world.

Mr. Dimitri Brunwasser:

Mr Brunwasser joined the company in 2013 as Relationship Manager for Asian and UK customers and he has coordinated the fund launch of severalcustomers.

Prior to this, He worked from 1999 to 2013 at State Street Bank Luxembourg in Transfer Agency Services and Sales Department. He was a member of the Depository Steering Committee.

Mr Brunwasser holds a Master of Arts in American and British Literature and Civilization of the University of Metz (France). Brunwasser is the representative of the Asia Offshore Association in Luxembourg.