Reyl Group names head of AM

Financial group Reyl has announced the appointment of Francesco Genovese in a newly created role, as head of its Asset Management business.

He will be responsible for developing asset management and fund distribution activities at Bank Reyl & Cie, with a particular focus on establishing alternative and unlisted asset strategies for both Swiss and international institutional clients.

Genovese has over 25 years’ experience in launching, managing and distributing institutional investment funds.

Through a combination of strategic recruitment and formal alliances with talented managers, Genovese will focus initially on establishing a high-quality platform for alternative asset management at Reyl & Cie.

This strategy will enable the private bank to develop specialist strategies for promoting and distributing innovative investment funds throughout Europe, Asia, the Middle East and the United States.

Before joining Reyl & Cie, he spent over 15 years at Pictet & Cie in various senior positions, including as head of Institutional Sales in Europe and the Middle East, where he created franchises with a number of sovereign funds and central banks, particularly in the MENA region. Prior to this, he held roles with Darier Hentsch & Cie, Crédit Suisse and BCGE.