Credit Suisse has confirmed changes to the investment strategy of its Luxembourg-domiciled Global Equity fund. As of 28 February, the fund’s investment processes will be based on the methodology provided by quantitative firm Systematic Investment Management AG (SIMAG), Credit Suisse announced to its shareholders. The CS Investment Funds 4 – Credit Suisse (Lux) Global Equity […]
Credit Suisse AM has appointed Filippo Roncarati as manager of the retail distribution team in Italy, who will support the team’s head Frank Di Crocco. Roncarati joins Credit Suisse AM from Euromobiliare Asset Management SGR, where he worked as sales manager since 2015. Formerly, he worked at Pictet Asset Management where he worked on sales […]
In September, Credit Suisse Asset Management is offering investors the opportunity to partake in a bond fund with a fixed maturity. The fund invests mainly in USD-denominated corporate bonds with a maximum maturity on 30 September, 2020. The target allocation of the fund includes both investment-grade and non-investment-grade bonds from developed and emerging markets. The […]
MFS has announced the appointment of Anton Commissaris as managing director and head of Sales for Switzerland and Austria. Based in Zürich, he will report to Matthew Weisser, managing director and head of European Wholesale Distribution at MFS. He joins from Credit Suisse Asset Management, where he was in charge of fund distribution to the […]
Credit Suisse Asset Management has launched a new equity long short offering, the Multi-Advisor Equity Alpha Fund. The fund’s investment strategy is based on the premise that high conviction trades tend to generate higher levels of alpha. The fund will base its portfolio allocation on the decisions of six external managers specialised in different regions […]
Cesar Perez Ruiz has left JP Morgan Private Bank to join Pictet Wealth Management (PWM) as CIO. The appointment will be effective from March 1st 2016. As PWM’s CIO, Perez Ruiz will be part of the company’s investment committee together with Pierre-Alain Wavre, CEO and Christophe Donay, head of asset allocation and macroeconomic research. Perez Ruiz has […]
Palamon Capital Partners (Palamon) has completed a funding transaction resulting in five top-tier investors purchasing stakes in prior Palamon funds from a number of existing limited partners. The investor group includes Adams Street Partners, Goldman Sachs AIMS Private Equity Group, Morgan Stanley Alternative Investment Partners, Dutch pension fund service provider PGGM and the Rothschild Merchant […]
Feri EuroRating Services has announced the winners of the Feri EuroRating Awards 2013. The rating picks the top asset managers in 14 categories in German-speaking Europe.
Credit Suisse confirmed today it will merge its asset management division into its private bank unit, which will form the Private Banking & Wealth Management division, headed by Hans-Ulrich Meister and Robert Shafir.
Swiss bank Credit Suisse could be ready to put up for sale new business lines, which include the disposal of its exchange traded funds business, in order to implement a new cost reduction plan aiming at reducing the cost base by CHF3bn in 2013.
The struggle to find yield from the most liquid assets is leading fund managers and asset allocators to consider different types of liquidity in their portfolios.
Swiss bank Credit Suisse is looking at folding its asset management business into its private banking division, according to reports from Financial Times and Reuters.