Mirabaud reinforces French team
Swiss private bank Mirabaud et Cie has appointed Renaud Martin as head of convertible bond management within its asset management business line based in Paris.
Martin joins Mirabaud from Calyon where he was head of its convertible bonds team since 2005.
His move reflects Mirabaud’s increased focus on its French activities having recently developed Mirabaud Gestion, the Paris-based asset management division of Mirabaud.
Mirabaud Gestion now offers custodian services and has been renamed Mirabaud France.
Mirabaud France has been licensed by the French Prudential Supervisory Authority (Autorité de Contrôle Prudentiel) to operate as an investment company in combination with its former activities including portfolio management, order execution and investment advice.
The managing director of Mirabaud France is Cécile Troger. Mirabaud opened its Paris subsidiary in 2003 and has since grown to manage roughly €1bn.
Mirabaud has roughly €8bn of assets under management, half in traditional funds and half in alternative funds. These are managed across Geneva, Zurich, London, Paris, Barcelona and Montreal. Its activities include private banking, asset management and intermediation.