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Vontobel's US Asset Manager Says AuM Surged Last Year

Tom Burroughes

1 February 2013

Vontobel Asset Management US (VAMUS) said total client funds that it oversees stood at $36 billion at the end of last year, up from $20 billion a year before, according to a statement issued yesterday.

The firm, part of the Swiss private bank Vontobel, said it will continue to invest in its franchise, focusing on areas such as its European and Asian products.

"As interest from US and global investors in US equities is picking up, VAMUS will market more actively its US equity product which has an excellent track record as well," said Henry Schlegel, chief executive of VAMUS.

VAMUS’ Swiss parent managed a total of SFr140 billion ($153.7 billion) of assets at the end of June last year, the last period for which such AuM data is available.