Edmond de Rothschild group picks new global head of asset management
Laurent Tignard is to join the Edmond de Rothschild group as global head of asset management, with a seat on the group’s executive committee, and reporting to group CEO Christophe de Backer.
With CHF60bn under management, five investment hubs throughout the world (Paris, Geneva, London, Frankfurt and Hong Kong) and over a 100 specialist fund managers, asset management is one of the Edmond de Rothschild group’s strategic businesses along with private banking.
The appointment of a new global head of asset management is part of the 2013-2016 strategic plan unveiled by group CEO Christophe de Backer in December 2012, a statement said.
In line with the group’s new governance, Tignard, 49 (pictured), will have global responsibilities for asset management on the group’s executive committee, and run Edmond de Rothschild Asset Management, the group’s leading asset management affiliate in Paris.
de Backer said the Edmond de Rothschild group has “major ambitions” in asset management. “Laurent Tignard will help us consolidate our expertise and confirm our leadership in independent asset management in Europe and beyond.”
Tignard graduated from the Institut Supérieur de gestion de Paris (ISG) in1986 and has a diploma from the SFAF (Société Française des Analystes Financiers).
Since 2010, he had been managing director of HSBC Global Asset Management (France) and a member of the executive committees of HSBC France and HSBC Global Asset Management Europe where he was in charge of asset management. He was also chief investment officer for the EMEA zone.
He joined HSBC in 2003 as CIO at HSBC Asset Management Europe and then moved to Halbis Capital Management (France) in 2006 as managing director. He had previously been in charge of equity and diversified asset management at Axa Investment Managers in Paris which he joined in 1995.
He first worked for Barclays de Zoete Wedd in London from 1986 as an investment assistant and financial analyst before moving to Banque ARJIL (1988-1994) to manage French and international equities.