Lombard Odier looks to next 30 years in Asia

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Lombard Odier looks to next 30 years in Asia

Lombard Odier, the wealth and asset manager for private and institutional clients, is celebrating 30 years of business in Asia since establishing itself there in 1987, and said it is looking to build further partnerships and network insights going forward.

The firm currently has offices in Hong Kong, Singapore and Tokyo, through which it offers family and wealth planning services, but also discretionary investment management for private clients. It uses partnerships in the Asia Pacific region, through which it offers multi-asset funds to clients of financial institutions. It is looking to enter new markets in the Asia Pacific region through local partners and networks.

Patrick Odier, senior managing partner of Lombard Odier Group, said: “Over the past 30 years Lombard Odier has navigated a generational shift in attitude towards wealth preservation and protection among the region’s wealthiest families.

“Asia is a crucial growth market for our private banking, investment management and family services businesses and we continue to see great interest across the region in the fresh perspectives we offer and the distinctive investment solutions we design to create lasting value.

‘Differentiated viewpoint’

“To navigate the next 30 years in Asia I believe we must stand for a differentiated viewpoint and approach, stand above the crowd and continue to innovate as we draw on our core strengths to invest and protect our client’s assets.”

Vincent Magnenat, chief executive officer, Asia Pacific, added: “We are delighted to celebrate our 30th anniversary in Asia by rethinking the future, in Singapore, a nation that has blazed trails in terms of innovation.

“As Asia’s wealth continues to grow, we are seeing a very clear upward trajectory in the demand and appetite for tailored wealth management and family office services for both private clients and sophisticated institutional investors.”

The group has some CHF242bn (€207bn) of client assets as of the end of June 2017. The asset management business, Lombard Odier Investment Managers, has capabilities in fixed income, convertible bonds, equities, multi-asset, alternatives and responsible investment. LOIM recently appointed a head of sales for Germany and Austria.

And earlier this year, it added capability to its macroeconomic capabilities.