People Moves

Mirabaud Asset Management Pushes Fund Development With New Manager

Natasha Taghavi 8 November 2012

Mirabaud Asset Management Pushes Fund Development With New Manager

Mirabaud Asset Management, part of Geneva-based Mirabaud & Cie, has appointed Andrew Lake to the role of global high yield manager, as the firm looks to develop its range of funds.

Lake will report to Lionel Aeschlimann, partner and head of asset management at Mirabaud, and will manage global high yield solutions for Mirabaud clients.

“Our asset management division goes from strength to strength, as demonstrated by our ability to attract someone as successful as Andrew Lake; this addition to our team is clear evidence of the success of our development and will further support the growth of our range of funds,” said Aeschlimann.

Lake, who will join Mirabaud on 3 January 2013, was latterly at Aviva investors, where he spent two years heading up the high yield business in London. Before that, he was at F&C Asset Management for four years, having begun his high yield career at Merrill Lynch Investment Managers in 1998.

The appointment follows a number of hires at the group across this year, including the recent appointment of Patrick Stauffer, who was last month appointed to oversee the marketing of funds and mandates to financial intermediaries and institutional clients in German-speaking Switzerland.

Mirabaud employs around 600 staff in offices in Switzerland, elsewhere in Europe (London, Paris, Madrid, Barcelona and Luxembourg) and the rest of the world (Montreal, Hong Kong, Dubai and Perth).

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