Rothschild & Cie Gestion is opening a branch in Zurich, Switzerland to cater to local institutions.
The Swiss Financial Market Supervisory Authority has approved eight funds managed by Rothschild & Cie Gestion for distribution.
This will provide local investors with a range of funds covering all equity, bond and diversified asset classes.
The Swiss office will be run by Konstantin Nikiteas, who has recently been appointed head of Northern Europe at Rothschild & Cie Gestion. He will be in charge of developing sales and fund distribution in Switzerland. He will also work with the firm’s Paris headquarters to develop sales in Germany and Austria.
Headed up by Jean-Louis Laurens, a managing partner, Rothschild & Cie Gestion is the third party asset management branch of the Groupe Rothschild & Cie Banque. It brings together 20 specialised portfolio managers who report to Didier Bouvignies, managing partner and chief investment officer.
Laurens says: “We are seeing more and more interest from European investors for our products and their performance. It is only logical for Switzerland to be a key market in our international expansion plans. I am delighted to announce that Konstantin Nikiteas, whose experience, dynamism and knowledge of the sector are all widely recognised, will be in charge of developing sales in this market’ and I am sure that local clients will give us a warm welcome."
Nikiteas adds: “Our goal is to work in close proximity with our Swiss clients, institutions and approved distributors and provide them with the most appropriate investment solutions. We can today offer the Swiss market eight funds which are among the best performers in their categories and which cover all asset classes. I am excited at the prospect of being able to offer our solutions to Swiss clients who are known for their sophistication and demanding standards.”