Neptune hires Swiss head to boost country growth

Independent fund management company Neptune Investment Management has appointed a head of Switzerland as it looks to grow its business in the country.

Neptune hires Swiss head to boost country growth

|

Valentine Bugeja – formerly sales manager at M&G Investments – will be based in Geneva and report to Charlie Parker, head of distribution.

Parker said the appointment “reaffirms” Neptune’s commitment to Switzerland, where it has operated since 2009.

“Switzerland has weathered some storms in recent years and is also experiencing significant regulatory change,” he said.

“However, it remains home to a third of the world’s wealth and we believe clear winners are emerging from the changes the market is experiencing.

He said the country’s private banking and independent asset manager space has growth potential over the coming year and that the Swiss market has an ever increasing need for open-architecture fund solutions, driven by ever-more demanding clients in the wake of new bank transparency rules.

“In that environment, we believe clients will hunt for exceptional performance backed by a robust investment process, and we hope to offer that in the years ahead.”