AB announces new EMEA distribution structure
Asset manager AB (previously AllianceBernstein) has announced the launch of a new geographic distribution structure for the EMEA region by introducing three new sub-regions, Southern-, Central-, and Northern Europe.
The Southern Europe division ranges from France to Italy and Iberia and will be led by Jose Cosio, who continues to head the Global Financial Institutions business.
The Central Europe division includes Germany, Austria and Swizerland and will have co-heads for the respective countries while the retail team will be led by Martin Dilg and the institutional team by Philipp Lehner.
The Northern Europe distribution team covers the Nordics, Benelux and the UK and will be headed by Jamie Hammond on an ad interim basis. The team will also be responsible for distribution to the Middle East.
“It is important that we develop strategies at a country level and recognise the synergies between the needs of our institutional and retail clients,” commented Jamie Hammond, head of the EMEA Client Group at AB. “Fund distribution is increasingly accessed via centralised research functions and requires an integrated approach to best meet the service requirements of our partners.
This new structure will create more alignment in how we operate as a team and help to deliver a consistent strategy in the region” he adds.