Syz Asset Management, the institutional asset management arm of the Swiss banking Group Syz & CO, has opened an office in Edinburgh and thus strengthens its presence in the United Kingdom.
The company said that the Edinburgh office has a dual purpose, encompassing asset management functions as well as the promotion of Syz Asset Management’s institutional strategies, available through segregated mandates or the Oyster and Syz AM funds range.
The local asset management team comprises Claire Manson, a member of the European Equity team and manager of the Oyster European Mid & Small Cap fund, and an analyst.
The sales activity is led by Derek Borthwick (pictured), who joined the group in April 2014 as Business Development Director for Scotland, the North of England and Northern Ireland.
“Edinburgh is a recognised centre for asset management and constitutes an essential step for any long-lasting development in the United Kingdom,” commented Eric Syz, Group CEO.
“Scotland has a genuine equity investment culture and we have identified a clear interest for active strategies like the ones offered by our investment teams. A local presence, combining an asset management capacity and a sales force, is an additional asset,” added Xavier Guillon, head of Business Development for Syz Asset Management.