Gentwo and Cincinnati-based Luma said Tuesday they will integrate Gentwo’s Actively Managed Certificate (AMC) Engine into Luma’s technology, with the first products expected in the fourth quarter of 2025. Platform integration is already underway.

The move gives more than 50,000 advisors on Luma’s platform access to AMCs – a structure that blends the transparency of certificates with the flexibility of active portfolio management. The two firms plan a phased rollout, starting with structured notes and traditional assets before moving into alternative and digital asset classes.

«Natural Progression»

«Expanding into AMCs is a natural progression of Luma’s mission to connect global financial professionals with differentiated strategies,» Luma CEO Tim Bonacci said. Gentwo CEO Philippe A. Naegeli added that «this partnership perfectly embodies our global Assetization mission.»

The partnership comes on the heels of significant capital raises. In April, Luma closed a $63 million Series C round that included Bank of America, Morgan Stanley, UBS, and TD Bank Group as strategic investors. GenTwo raised $15 million in a Series A led by US-based Point72 Ventures in late 2023, as reported by finews.com at the time.

Appetite for the Swiss Market

Market observers view the cooperation as a manifestation of Luma’s increased appetite for the Swiss market, where it established a presence in 2021. Both Luma and Gentwo are members of the Swiss Structured Product Association (SSPA).

Founded in 2018, Luma says its platform supports more than 50 issuers, facilitates $70 billion in annual new issuance, and administers over $250 billion in assets. Gentwo, launched the same year, has worked with over 300 clients in 26 countries to create more than 1,600 products with a cumulative volume exceeding $6 billion.