Stockholm (HedgeNordic) – Global multi-asset manager Candriam has appointed Cristina Lugaro as Head of Distribution for the Nordics. Lugaro joins Candriam from Ness, Risan & Partners (NRP), a minority shareholder in the Swedish small-cap boutique Origo Fonder, where she worked closely with both the NRP and Origo fund management teams from Origo’s Stockholm office.
Based in Stockholm, Lugaro will lead Candriam’s efforts to expand its market share in the Nordics, reflecting the company’s continued commitment to the region’s institutional and wholesale distribution markets. Lugaro brings over 19 years of extensive experience in asset management and international sales, with a strong focus on institutional clients after working for Nordic, European, and US-based investment firms. Before joining Candriam, Lugaro served as Head of Sales for Sweden at Ness, Risan & Partners (NRP), where she was responsible for developing and executing the firm’s sales and marketing strategy in Sweden and Finland. She has also held senior positions at firms such as alternatives investment manager Ress Capital and BNP Paribas Asset Management, among other roles.
“We are delighted to welcome Cristina to the team in a period of exciting growth and business evolution in the Nordics,” says Olivier Maes, Head of Distribution for BeNeLux & Nordics and Member of the Executive Committee at Candriam, to whom Lugaro will report. “Her proven experience will help further strengthen our position in the region, where we already have a notable presence working with institutional investors such as pension funds, particularly at a time of increased demand for sustainable investment products and solutions,” adds Maes. “I am confident that with her onboarding we will further expand our footprint in the region and meet the growing demands of Nordic clients.”
“We are delighted to welcome Cristina to the team in a period of exciting growth and business evolution in the Nordics.”
Olivier Maes, Head of Distribution for BeNeLux & Nordics and Member of the Executive Committee at Candriam.
“Joining Candriam at this crucial time in its expansion into the region is a privilege and exciting opportunity,” Cristina Lugaro comments on joining Candriam. “Having covered and been on the ground in the Nordics for many years, I am confident that my expertise and contacts will bring a renewed push to further grow Candriam’s presence in the Nordic countries,” she adds. “I am looking forward to working with an excellent set of colleagues to deliver on client needs in the region and beyond.”
“Joining Candriam at this crucial time in its expansion into the region is a privilege and exciting opportunity.”
Cristina Lugaro, Head of Distribution – Nordics, Candriam.
As a multi-specialist global investment manager, Candriam manages €149 billion in assets across a diverse range of investment solutions, including bonds, equities, alternative strategies, and asset allocation. The firm offers an extensive suite of ESG strategies covering all its asset classes. In recent years, Candriam has been strengthening its presence and capabilities in the Nordics to address the region’s increasing demand for sophisticated ESG investment solutions. Its comprehensive range includes funds classified as Article 8 and Article 9 under the Sustainable Finance Disclosures Regulation (SFDR), alongside thematic products and fixed-income strategies. To further support its growth strategy and deepen its commitment to Nordic clients, Candriam plans to open a Stockholm office in 2025, subject to regulatory approval.
