New York (HedgeCo.net) – Swiss banking group SYZ & CO has announced the integration of its institutional asset management activities within the newly-created division SYZ Asset Management.
“Our expertise, proven track record and capabilities in traditional asset classes and portfolios of hedge funds allows us to be particularly competitive in traditional multi asset absolute return mandates, which are in high demand at present” added Patrick Bédat, CEO of SYZ Asset Management.
“We are currently witnessing a rapid convergence between the traditional world of investment and alternative management. The integration of our activities creates strong synergies and positions us as a particularly versatile institutional asset manager” said Paolo Luban, Managing Partner of SYZ & CO and Head of Asset Management.
SYZ Asset Management will manage all the Group’s institutional mandates, both traditional and alternative, as well as investment funds and directly promote its capabilities to institutional clients. Together with the existing SYZ Asset Management entities in London, Milan and Hong Kong, SYZ Asset Management in Switzerland will serve all institutional clients of the Group, focusing on pension funds, insurance companies and corporates.
SYZ & CO has assets of CHF 25 billion ($27 billion) under management and employs a staff of 400. In addition to the Bank’s headquarters in Geneva, the Group also has offices in Switzerland in Zurich, Lugano, Locarno and intenrationally in Milan, Rome, Madrid, London, Luxembourg, Vienna, Nassau and Hong Kong.
Editing by Alex Akesson
For HedgeCo.net
alex@hedgeco.net
HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership in HedgeCo.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!
