Old Mutual Global Investors has appointed Dominik Issler as Head of DACH Distribution, covering Germany, Austria and Switzerland. Issler, who joined the business on 29 April 2015, will head up Old Mutual Global Investors’ new Zurich-based business.
Reporting to Allan MacLeod, Head of International Distribution, Issler will be responsible for building Old Mutual Global Investors’ business in the Swiss, German and Austrian markets. Old Mutual Global Investors has gradually built up a European presence since its formation in 2012 and now manages $3 billion for clients in this region. Success in these markets will be a key driver to future growth in Europe. With the appointment of Dominik, Old Mutual Global Investors will service the major global financial institutions, wealth managers, private banks, family offices and pension funds.
Based in Zurich, Dominik brings 15 years of sales and client service experience in asset management to Old Mutual Global Investors. He joins the business from Legg Mason owned Martin Currie Investment Management where he was Director and Regional Head based in Switzerland from 2010. Prior to Martin Currie, Issler was CEO Switzerland for ABN AMRO Asset Management. During his career, he also worked at Schroder Investment Management as Head of Institutional Business Switzerland and as a Swiss Client Key Relationship Manager at State Street Global Advisers, where he started his career.
Allan MacLeod, Head of International Distribution, says: “We are delighted that Dominik is joining us. His wealth of knowledge of the Swiss, German and Austrian markets will be very important to us as we set up a business in that market.”
Issler adds: “I am excited to be joining this vibrant business. Old Mutual Global Investors has been highly successful in the UK and is now making great strides to broaden its footprint in Asia and Latin America. To be part of a company that recognises and identifies with the opportunities that exist in Europe is very motivational.”
Old Mutual Global Investors aspires to be a leading, modern asset management business focused on the needs of investors. Significant progress has been made to further the goal of being a Top 5 player in the UK retail market and top 10 in its chosen international markets.
Some significant appointments were made over the last two years, including Richard Buxton as Head of UK Equities, Josh Crabb and the Asian Equities team (including Diamond Lee) who are now operating from Hong Kong, Russ Oxley and his team who will soon be operating from London and Edinburgh, Ian Ormiston who manages the Old Mutual European Smaller Companies Fund and, most recently, John Peta as Head of Emerging Market Debt.
As part of the Old Mutual Wealth vertically integrated model, Old Mutual Global Investors has made great strides over the last three years towards becoming one of the asset management industry’s leading players.
Substantial progress was made in 2013/2014 to restructure and grow the business’s global footprint. The business also significantly expanded its global distribution capability which resulted in an increase in asset flows from some of the world’s leading distributors.
Warren Tonkinson, Head of Global Distribution, says: “We have ambitious plans to significantly grow our global footprint and we have been taking considerable steps to ensure that we meet these goals. The arrival of Dominik will greatly complement the momentum that we have achieved in Europe.”