South African manager to distribute funds in Switzerland

South African asset manager Foord Asset Management has been authorised by the Swiss regulator Finma to distribute its mutual funds in Switzerland through its local branch Foord (Switzerland).

The company established itself in Zurich in 2015 and is headed by Benjamin Hügli.

Foord Asset Management runs several equity and multi-assets funds including the Foord International Fund, a Ucits strategy domiciled in Luxembourg.

The firm has also subsidiaries in London, Guernsey, Luxembourg, Singapore and Cape Town. Foord’s fund managers are based in Cape Town and Singapore.

Foord Asset Management manages around CHF12bn (€10.97bn) in assets.

Adrien Paredes-Vanheule
Adrien Paredes-Vanheule is French-Speaking Europe Correspondent for InvestmentEurope, covering France, Belgium, Geneva and Monaco. Prior to joining InvestmentEurope, he spent almost five years writing for various publications in Monaco, primarily as a criminal and financial court reporter. Before that, he worked for newspapers and radio stations in France, in particular in Lyon.

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