Capital Group plans to accelerate development in Switzerland

Suisse
On the 03/25/19 at 11:53AM

by

Jérémie Gatignol

The asset management firm Capital Group is planning to launch one or two Luxembourg-registered funds per year in the next three years, and is recruiting a head of marketing.
Nadja Lominski

Capital Group, which has over $1.6trn in assets under management, has taken the occasion of an announcement that Nadja Lominski has been appointed as director of marketing in Switzerland to express its ambitions in the country. Capital Group has been present in continental Europe for over 50 years, and has 138 employees in Switzerland, out of a total of 520 employees in Europe at eight offices. From its bases in Geneva and Zurich, the firm has registered 23 Luxembourg OPCVM vehicles, and is planning to continue to expand its range of Luxembourg-registered funds with the launch of one or two new funds per year in the next three years.

“Switzerland is one of the strategic markets for Capital Group. In Geneva, we opened our first office outside the United States in 1962, and funds from the Capital Group have now been available to European investors for 50 years. The appointment of Lominski is a sign of our commitment to continue our development in Switzerland, and reaffirms the privileged position of Capital Group in this market,” says Hannah Aymé.

Lominski will be based in Zurich, and will oversee strategic marketing initiatives for the firm, to “help to strengthen the reputation of the firm serving Swiss intermediary clients,” a statement says. She will report to Aymé, CEO for marketing to financial intermediaries for Europe and Asia.

Lominski previously worked for over six years at J.P. Morgan Asset Management, where she directed the Swiss marketing division and chaired the European marketing steering committee. Before that, she served in a marketing position at RobecoSAM for three years.

Get free Access

Get free Access

Agefi Event

Tuesday, 10 December 2019
Frankfurt

AFTER BREXIT, CONTINENTAL FINANCE WILL AFFIRM ITS MODEL