After distributing its actively managed funds in Switzerland for 12 years, the firm has now decided to open a subsidiary office to demonstrate its long-term commitment to Swiss-based investors.
Under the leadership of Marco Fiorini, the six-strong Swiss team will support relationships with retail and wholesale clients through a tailor-made regional approach.
This will give Swiss retail clients the same opportunities to invest with Carmignac as in other European countries. The full fund range is available to the Swiss-based clients including share classes in Swiss francs, dollars, sterling and euros.
“We are ready and able to help Swiss investors tackle their main challenges, namely helping them achieve financial security in retirement by preserving wealth and drawing an income from savings,” said Edouard Carmignac, chairman of Carmignac Gestion.
The asset manager also announced the launch of a new distribution share class of its Carmignac Portfolio Patrimoine Fund which allows investors to draw a monthly income from their investment.
The firm said this option is particularly useful given the negative interest rates on offer to Swiss investors at the moment.
Carmignac has been distributing funds in Europe for 26 years and continues to develop its operations in Luxembourg, Frankfurt, Milan, Madrid, London and Zurich.
