Capital Group launches Zurich office
Capital group has announced the opening of its new Zurich office, in a bid to expand its presence across Europe.
Capital Group was originally launched in Geneva in 1968, having developed a set of global stock market indices for non-US markets which are now known as MSCI indices. The group now has offices in eight locations in Europe: London, Geneva, Zurich, Milan, Madrid, Amsterdam, Frankfurt and Luxembourg.
Switzerland is home to a number of key functions for the firm’s European business, including Investment Management and Research, Capital Group’s fund operations, HR, Legal, Finance, IT and Sales and Marketing.
Luis Freitas De Oliveira, portfolio manager, speaking in Zurich at the office opening event, said: “Switzerland has been a core market for us for over half a century, and our investment in our new Zurich office underlines its continued importance for the future, and will benefit both our associates and clients.”
In line with its expansion in Switzerland, the group made a series of appointments during the past year, including the appointment of Marielle Garandet as Business Development director Financial Intermediaries based in Geneva; Katja Wiechers as Business Development director Financial Intermediaries based in Zurich; and Fabian Wallmeier as director, Institutional, based in Zurich. Christian Leger, Business Development director Global Financial Institutions based in Zurich since 2014.