Mirabaud bolsters Italian distribution

Mirabaud Asset Management has hired David Basola as head of business development activities for Italy.

Mirabaud bolsters Italian distribution

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Basola, who joins the company from Syz & Co. in Italy, will initially be based in London and will serve the institutional and wholesale markets of investors in Italy, Malta, Monaco and Ticino in Switzerland.

Bertrand Bricheux, head of sales and marketing for Mirabaud Asset Management, said it was “pleasing” to hire someone like Basola, who is a specialist of both long-only and alternative investments having begun his career as a portfolio manager for JP Morgan, “given the importance of the Italian market”.

He added: “Italy is a key market in Europe for funds and we are convinced that the focused, boutique approach of an investment specialist like Mirabaud Asset Management will fit very well.”

Having begun his career at JP Morgan, Basola later moved to Credit Suisse, also as a portfolio manager, before moving to business development functions at GAIM Advisors, a London based alternative asset management division of Integrated Asset Management. He had worked at Syz & Co. since 2006.

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