After 12 years distributing its actively managed funds in Switzerland, Carmignac has opened a subsidiary in Zurich.
Under the leadership of Marco Fiorini, Head of Country since 2011, Carmignac’s six-strong Swiss team will strengthen relationships with Swiss retail and wholesale clients via a tailor-made regional approach.
Carmignac has built partnerships with major distributors across Switzerland to serve local and international client needs. Swiss retail clients will now have the same opportunities to invest with Carmignac as in other European countries. The full fund range is available to the Swiss-based clients including share classes in Swiss Francs, US Dollars, British Pound and Euro.
In addition, Carmignac recently launched a new monthly distribution share class of its Carmignac Portfolio Patrimoine fund which yields up to 5% p.a1. This allows investors to draw an income from their investment, which is particularly useful in the context of the negative interest rates on offer to Swiss investors. Carmignac’s range will allow investors to diversify their portfolios and benefit from 26 years of strong returns and proven risk management.
Edouard Carmignac, Chairman of Carmignac Gestion, says: “We are ready and able to help Swiss investors tackle their main challenges, namely helping them achieve financial security in retirement by preserving wealth and drawing an income from savings. This is the philosophy on which Carmignac Patrimoine was built. The new Carmignac Patrimoine Mdis shareclass is an important step in managing the retirement challenge.”
Based in Paris, Carmignac has been distributing funds in Europe for 26 years. It operates in Luxembourg, Frankfurt, Milan, Madrid, London and Zurich.