Natixis Global Asset Management (NGAM) has opened an office in Zurich, announced finews.ch. The branch, which is located in central Zurich close to Bahnhofstrasse, is the asset management company’s second in Switzerland after Geneva.
Heading operations in German-speaking Switzerland is former UBS banker Timo H. Paul. “With its new branch in Zurich, Natixis is underlining the faith it has in Switzerland,” commented Paul in the article.
Out of its second office in Switzerland, NGAM intends to help banks, insurance companies, institutional investors and independent asset managers access its global network of independent investment specialists, who are focused on a variety of different asset classes and investment styles, according to an article on fondstrends.ch.
NGAM has head offices in Paris and Boston. At the end of 2015, it was managing assets worth around EUR 800 million from these locations. The asset management company is part of the Natixis corporation, a subsidiary of the second largest French banking group, Groupe BPCE.