Swiss Private Bank Restructures Institutional Investment Management

Stephen Harris

22 November 2007

Swiss private bank Mirabaud has created a Europe-wide sales and marketing structure for institutional investment management. Until now, local investment products have been promoted by the local teams and directed principally at a local client base. Mirabaud will now consolidate sales for continental Europe in Geneva, while maintaining the existing investment philosophy and level of local marketing, according to a statement. The bank aims to offer a full range of products to three priority European markets: Switzerland, France and the UK. Ronald Strunck, who joined Mirabaud in London in September 2007, will take charge of the new institutional marketing team. Jeremy Lodwick, formerly chief investment officer at Morgan Stanley in London who joined Mirabaud Investment Management in London at the start of the year will be responsible for developing the Geneva-based bank’s pan-European range of traditional funds, working closely with the Mirabaud analysts and fund managers who specialise in each individual market. Marc Pereire, managing partner and member of Mirabaud’s Executive Committee with responsibility for institutional investment management, said: “We have identified some great business development opportunities on the back of rapid growth in this client segment. The success of our local investment products means the next logical step is to offer more global products to local markets. We will logically start with Europe.”