KBIGI makes third senior US appointment with expansion in sights

KBI Global Investors is expanding its US operation with a new senior business development appointment added to its Boston headquarters.

The Dublin-based investment specialists, formerly known as Kleinwort Benson Investors, prior to its re-brand and sale to French investment giant Amundi, as reported, at the end of August, has added William Lynch as senior vice president business development, North America.

As a member of the KBIGI North American business development team, Lynch will work out of the company’s office in Boston, Massachusetts – opened earlier this year to cope with the firm’s growing North American client base. It covers the whole of the US from the East Coast to the West Coast, and into Canada, where KBIGI has been awarded a number of sizable mandates recently, the company said in a statement announcing the appointment earlier today

‘Accelerated growth’

Geoff Blake, head of business development & client services at KBI Global Investors, said: “We opened our new Boston office back in January to accommodate the growth we anticipate across our investment strategies, and which we expect to accelerate.

Blake added that Lynch’s addition means that KBIGI now has three business development managers based at its Boston Place offices.

Lynch was formerly a partner and head of marketing and client service at New Amsterdam Partners LLC and has also worked at Avatar Associates and Prudential Securities.  He is a CFA Charter holder and a member of both the New York Society of Security Analysts and the CFA Institute.

KBIGI has significantly expanded its business in recent years, with its North American client assets alone growing from just under US$1bn in December 2012 to  US$4.3bn as of 30 September.

The company, which splits it’s business between institutional, wealth management and general retail investment products, has secured a number of large North American mandates over the last two or three years from public funds, endowments and foundations – and a number of large sub-advisory relationships with the likes of Mercer and SEI, it concluded in its statement.

ABOUT THE AUTHOR
Gary Robinson
Deputy Editor, International Investment and Head of Video at Open Door Media Publishing. A fully qualified journalist and filmmaker with more than 20 years' financial services experience, both as journalist and originally as an IFA.

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