Groupama AM fixed income traders join Amundi

The move follows Groupama Asset Management and Amundi Intermediation’s strategic partnership, announced in May, which saw the firms merge their trading capacities to enhance trading efficiencies.

Arline Sueng and Rudy Nakache have joined the Amundi FICC trading desk as senior credit trader and rate trader respectively, The TRADE can reveal.

The move follows Groupama Asset Management and Amundi Intermediation’s strategic partnership, announced in May, which saw the firms merge their trading capacities to enhance trading efficiencies.

Both moved to Amundi on 1 September, The TRADE understands.

The Paris-based traders previously worked under head of the trading desk at Groupama AM, Eric Heleine, and will now report to Christophe Marcilloux, head of fixed income dealing at Amundi Intermédiation. 

Read more: Fireside Friday with… Groupama Asset Management’s Eric Heleine

Elsewhere in her career, Sueng – one of The TRADE’s Rising Stars in 2019 – worked in fixed income sales at both Tullet Prebon and Newedge as well as previously serving in fixed income performance analyst roles at Amundi and Societe Generale Asset Management.

Prior to joining Groupama AM in 2023 as a fixed income trader, Nakache worked in front-office roles at Agence France Trésor and Unibail-Rodamco-Westfield. He has also previously served at firms including Credit Agricole CIB, Beijaflore, and Societe Generale.

The TRADE has also learnt that the transfer of other traders is also planned to take place before the end of this year.

More to follow…

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