KBC Asset Management NV: Best Asset Management Team Belgium 2023
KBC is a banking and insurance group with headquarters in Belgium and core operations in Central and Eastern Europe. KBC Asset Management forms an integral part of the group, shepherding the group’s investments and helping clients to grow and protect their wealth.
KBC performs scrupulous money management and consistently ranks above the credit rating norm for Belgium and the EU. It achieved 14 percent return on equity in 2022. KBC Asset Management reported excellent progress over the past year, achieving record net sales despite downturn markets. It onboarded 95,000 new clients by the end of 2022, reaching a total of 2.7 million investors. Sustainability continues to drive KBC development.
It was recently included on Euronext BEL ESG stock market index and received a CDP “A” label for its climate communication – one of only four companies in Belgium with this distinction. KBC private banking clients are assigned a dedicated private banker to serve as a single point of contact and sounding board for their complex investment needs. The private banker listens carefully and suggests investment strategies that align with clients’ circumstances and ambitions. Investment advisory is complemented by inhouse and network experts, including legal, tax, inheritance planning, real estate and insurance. KBC encourages career mobility, whether horizontally or vertically, and offers several development programmes centred around strategic and organisational themes. KBC AM is striving to realise a dream of maximum investor participation, allowing people from all walks of life to benefit from capital markets. It has removed roadblocks to retail investing by lowering threshold requirements and focusing on digitalisation. The virtual assistant of KBC, named KATE, helps clients navigate investment options on digital channels, where over half of KBC investment plans is now sold. The CFI.co judging panel presents KBC Asset Management NV – a repeat programme winner – with the 2023 award for Best Asset Management Team (Belgium).