Monaco Asset Management Signs Agreement With Swiss-Based Chenton SA

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Nancy Heslin   Forbes Monaco

Monaco Asset Management Signs Agreement With Swiss-Based Chenton SA

MAM founder and CEO Anthony Stent-Torriani. Photo: Monaco Asset Management

Monaco Asset Management (MAM) as signed an agreement with Chenton SA, a Swiss wealth management company, by which, over a period of four years, both companies will be operating jointly.

The two companies reached €5 billion of assets under management on November 15, 2021.

Specializing on discretionary and advisory management since 1999, MAM is fully independent and free from conflicts of interest and a benchmark in the Monegasque financial sector.

Founder and CEO Anthony Stent-Torriani, commented: “MAM and Chenton share a very similar business model, focused on European based UHNWI. Chenton SA, led by its Founder Alexander Jurgens, fits perfectly in our model.”

Since 2000, Chenton, which is known for its conservative investment approach, has been managing portfolios European UHNW clients on a discretionary basis. “Chenton’s integrity and focus on European clients have been its success for more than 20 years. Joining forces with the MAM team will broaden our investment capabilities and will further strengthen our mutual businesses,” Jurgens said.

Gian Luca Braggiotti, chairman of the board of MAM also stated, “For more than 20 years, MAM has been a reference in Monaco for Wealth Management thanks to its competences and ethics. With the participation in Chenton SA, we have become a visible European player.”  

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Nancy Heslin   Forbes Monaco

Nancy Heslin is an established journalist and lifestyle writer. She has been the Editor-in-Chief of Forbes Monaco magazine (bimonthly in English) , since the magazine's 2nd issue . Launched in November 2018, Forbes Monaco is part of the Forbes family, with its 7 million readers and 71 million monthly website visitors worldwide.