US-based asset management firm American Century Investments has expanded its global client coverage and service with the opening of a Frankfurt office, its first in Germany.
American Century Investments alsoappointed Volker Buschmann to the position of vice president, senior strategic relationship manager for the Europe, Middle East, Africa (EMEA) region.
Managing director EMEA Jamie Downing said the establishment of a Germany office supports the firm's partnership with Nomura and represents a continuation of efforts to expand American Century's global footprint and its Brexit strategy. This is the firm's fourth office located outside the US, further underscoring its commitment to clients around the world.
While Buschmann is based in Frankfurt, he reports to Brian Schappert, American Century's global head of strategic relationships in New York. In the newly created role, Buschmann will lead the Frankfurt office and support the Nomura-American Century partnership effort, working closely with the global distribution team. In the last year, American Century's EMEA business has grown exponentially.
Buschmann has over 29 years of industry experience. He was most recently with Banque J. Safra Sarasin, where he served in a senior distribution role. Prior to that, he spent the majority of his career at M&G International, where he helped create and develop the institutional business and led sales and business development efforts across Europe with a focus on global banks, independent asset managers, family offices, consultants and other institutional asset owners.
Headquartered in Kansas City, American Century Investments has approximately $169bn in assets under management as of 9 July 2019.