Eric Heleine, head of the buy-side trading desk at Groupama Asset Management, is set to step away from the firm before the end of the year, The TRADE has learnt.
His departure comes in the wake of the new Groupama-Amundi partnership – which he has led for the last two years.
Heleine is not set to join the new offering, and instead will be moving on to embrace a new challenge according to sources familiar with the matter.
Read more: Groupama and Amundi team up to boost trading
Groupama Asset Management and Amundi Intermediation’s strategic partnership, announced in May 2024, saw the firms merge their trading capacities to enhance trading efficiencies.
Speaking at the time, Heleine explained: “With Amundi Intermediation, we share the conviction that execution is changing radically with rapid and global digitalisation.
“[…] By making the most of advances in AI and data science, Groupama Asset Management and Amundi Intermediation aspire to define new standards of excellence in transaction execution, while strengthening the teams’ ability to respond quickly and precisely to market challenges.”
Read more: Fireside Friday with… Groupama Asset Management’s Eric Heleine
Heleine had been with Groupama AM for 15 and a half years and has also previously worked in other buy-side roles at firms including BGC Partners and Etoile Gestion.