Vontobel Asset Management has hired Christian Hoeg as its new country manager in Germany. He also takes on the role as head of fixed income sales for Germany and Austria, as well as becoming executive director at Bank Vontobel Europe AG.

Switzerland’s Vontobel Asset Management has hired Christian Hoeg as its new country manager in Germany as of January 2014. With the appointment, Hoeg also takes on the role as head of fixed income sales for Germany and Austria, as well as becoming executive director at Bank Vontobel Europe AG.

The firm said that the appointment is part of a larger push in to the German market, as the firm continues to pursue expansion of its fixed-income and multi-asset-class boutiques – business areas where Vontobel said that it's seeing rising client demand in Germany.

“Under the leadership of Christian Hoeg, Vontobel Asset Management will be able to expand considerably in Germany,” said Axel Schwarzer, head of Vontobel Asset Management.

Hoeg has over 20 years of experience in institutional relationship management, joining from Swiss & Global Asset Management, formerly Julius Baer, where he was head of institutional sales. Prior to this, Hoeg worked in the institutional business of DG Bank AG.

The role of head of the German fund client business was previously managed by Beate Meyer, who will now take over responsibility for the strategic partnership between Vontobel and Australia’s ANZ Group in Sydney with effect from April 2014.

The appointment comes only a day after the firm announced the addition of two key portfolio managers to its global balanced Switzerland team. Read more on that, here.

As of 30 June 2013, Vontobel held approximately SFr160 billion of assets.