SYZ & CO hires Clements and Manson from Franklin Templeton as Bendahan leaves

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Swiss banking group SYZ & CO has announced the appointment of Michael Clements (pictured) as head of European Equities and Claire Manson as manager of the Oyster European Mid & Small Cap fund. Clements will replace Eric Bendahan, who is preparing to launch his own fund.

Bendahan managed up to €2.5bn in European equities for SYZ &CO and is planning to launch London-based Eleva Capital in the fourth quarter of the year, subject to regulatory approval.

Clements will oversee the London-based SYZ & CO team of fund managers and analysts and will manage the OYSTER European Opportunities, OYSTER European Selection and OYSTER Continental European Selection funds.

Responding to the reshuffle, SYZ & CO stressed that Clements and Bendahan have very similar management styles and that the firm aims to ensure continuity in the transition process.

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ABOUT THE AUTHOR
Mona Dohle
Mona Dohle speaks German and Dutch, she is DACH & Benelux Correspondent for InvestmentEurope. Prior to that, she worked as a journalist in Egypt and Palestine. She started her career as a journalist working for a local German newspaper. Mona graduated with an MSc in Development Studies from SOAS and has completed the CISI Certificate in International Wealth and Investment Management.

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