Edmond de Rothschild group has established its fifth branch in Switzerland with the opening of an office in Zurich.
Present in the country since 1965, the firm had already branches in Geneva, Lausanne, Lugano and Fribourg.
The group will provide private banking and asset management services for German-speaking and international clients in Zurich.
It aims to grow its institutional business, mainly with pension funds, vested benefits institutions and insurance companies. Edmond de Rothschild AM has plans to expand the external distribution of its investment funds
“We have a broad range of products and solutions that can be accessed by all Swiss investors and are capable of meeting their expectations and requirements. In addition we have a line of real estate funds that features the Swiss market and that clients in Zurich have owned shares in since 2012,” said Christian Lorenz, chairman of the executive committee of Edmond de Rothschild Asset Management (Suisse).
“Switzerland is our foremost market in terms of assets under management and client numbers. While traditionally we have concentrated on the French-speaking area and Ticino, we are now determined to grow in the German region where we perceive real market demand,” commented Emmanuel Fievet, CEO of Edmond de Rothschild (Suisse).
He added : “Our approach is based on catering to clients’ individual needs and taking account of their individual risk profiles. What makes us stand out is the power of our brand, the experience of our teams and the quality of our management.”