French boutique partners with Louvre Endowment Fund
Paris-based group partners with the Louvre Endowment Fund as part of its mission to promote useful finance. 5 May, 2021
French equity asset manager Tocqueville Finance has added a fifth share to its fund Tocqueville France ISR to promote access to culture.
The firm has shaped an ‘L’ share that will be dedicated to the Louvre Endowment Fund, which is a France-based non-profit organisation that supports missions that support national culture and heritage.
Through the new share, Tocqueville will redistribute 0.10% of the Tocqueville France ISR fund’s management fees, as well as some of its outperformance commission to the Louvre Endowment Fund.