Coutts & Co’s Edlinger joins Lombard Odier Private Bank as it expands UK presence
Mike Edlinger has left Coutts & Co after 20 years to take up a newly-created role as senior portfolio manager at Lombard Odier Private Bank, as the Geneva-based banking group continues to expand its UK private banking presence.
At Coutts, where he had been head of ultra high net worth portfolio management, Edlinger had been responsible for investing both onshore and offshore global discretionary and advisory portfolios, across all major asset classes and regions, according to a statement announcing his appointment at Odier. He had also been a permanent member of the UK-bank’s investment committee, which determines tactical asset allocation strategy.
Edlinger is based in Lombard Odier Private Bank’s offices in the Mayfair district of London, where he reports to Marc Giesbrecht, head of European portfolio management, whose existing team he is joining.
Here, he will become part of what is described as a “significant” buy-side private client business, which the company says consists of a team of more than 300 investment professionals globally. Lombard Odier says it looks to provide a customised service to its private banking clients, putting together investment portfolios that take each client’s personal circumstances, objectives and attitudes to risk into account.
Lombard Odier Private Bank’s parent, the Lombard Odier group, has been headquartered in Geneva since 1796, and today has 26 offices in 19 jurisdictions, including London, Paris, Zurich, Moscow, Dubai, Hong Kong, Singapore and Tokyo, employing a total of around 2,250. It currently looks after around Chf223bn (£176bn, US$219.5bn) in total client assets.