Fisch Asset Management continues to expand its business activities and plans to enter new markets internationally. The next stage of growth will involve major investments in research and portfolio management capabilities, as well as in new technologies. This planned expansion builds upon the company’s long-term positive business performance, which has continued throughout the first half of 2018.
Apart from Germany and Switzerland, where the asset manager currently operates, it seeks to tap into new international markets and expand business activities.
The current team of experts will be expanded by hiring five additional international specialists, bringing the total number to over 30 members. New appointments were also made in Risk Management, Legal & Compliance, Operations and Product Management in the first half of the year. At the end of June, Fisch had a total of 88 employees.
The Fisch CB Global Dynamic fund, which was launched on 31 May 2018, pursues a strategy of dynamic allocation across the entire convertible bond universe. In rising markets, it focuses particularly on securities with higher delta. It provides an alternative for equity investors looking to take advantage of the potential offered by equities, but at the same time seeking downside protection.
Fisch aims to outsource current in-house technologies extensively in order to optimise the client service offering. Juerg Sturzenegger, CEO explains, “Our investments in expertise and infrastructure will allow us to better meet the increasing needs of our clients, while providing a foundation to help us achieve our growth targets. Our new state-of-the-art IT outsourcing solution will allow us to focus on our core asset management activities.”
In the first half of 2018, Fisch AM’s clients asset under management increased to CHF10.8bn (€9.3bn) in a challenging market environment.